Europe offers export opportunities for Vietnamese firms, but it is a market with stringent requirements in terms of quality and other aspects.

Since the EU-Vietnam free trade agreement (EVFTA) took effect in August 2020, Belgium has played a significant role in promoting trade and foreign investments into Vietnam.

The European Commission has said that efforts to ratify the proposed EU-China Comprehensive Investment Agreement (CAI) with China have been suspended after China imposed sanctions on several high-profile members of the European Parliament, three members of national parliaments, two EU committees, and several China-focused European academics.

A virtual fourth session of the Vietnam - Chile free trade council was held on May 6 to review the implementation of the Vietnam-Chile Free Trade Agreement (FTA) in the 2018-2021 period and update trade exchanges between the two countries.

Vietnam has overtaken China as the largest furniture exporter to the U.S. as tariffs drive manufacturers out of the world’s second largest economy.

Demand for Vietnamese products is increasing among U.S. and European buyers, many of whom are seeking to diversify their buying away from China, a survey has found.

Vietnam posted a trade surplus of US$1.29 billion during the four-month period, a positive result amid difficult global trade environment as a result of the Covid-19 pandemic.

Despite there being no commitments on services and investment in the Vietnam - Chile Free Trade Agreement (FTA), the pact has nonetheless been a boost to trade and economic ties between the two countries.

Foreign Minister Gabi Ashkenazi and Economy Minister Amir Peretz will fly out to Seoul on Sunday (9/5) to sign the free trade agreement.

An online conference was held in Ho Chi Minh City on May 5 to seek measures and strategies to effectively approach and exploit the promising but choosy European market.