Tag: EU

The EU's commitment to the Sustainable Textiles Strategy presents numerous opportunities for Vietnamese textile and garment businesses.

Total export revenue from this market reached over $200 billion in the past four years.

Exports of Vietnamese agro-forestry and fishery products and industrial products to the EU in the first seven months increased 10% year-on-year.

The visit by the Slovenian transport and logistics business delegation presents an opportunity for Vietnamese enterprises to expand cooperation in Southern and Central Europe, as well as explore new routes for transporting goods into the EU market.

Two-way trade between Vietnam and the EU reached $45.2 billion in the first eight months of 2024.

Vice President of the European Commission and High Representative of the European Union (EU) for Foreign Affairs and Security Policy Josep Borrell Fontelles on a visit to Vietnam.

Products subject to checks under new regulations include bell peppers, instant noodles, and durians.

November 9-11 forum looking into economic relations between Vietnam, Asia, and the EU in the context of globalization, sustainable development, and climate change response.

Regulation takes effect in December 2024 and monitors land used in agriculture.

As the EU’s largest trading partner in ASEAN, Vietnam is keen for the EUVIPA to be ratified as soon as possible.

Vietnamese instant noodles exported to the EU will no longer need certificate of food safety.

Exports of clams and bamboo to the EU increased by around 40% last year.

The EU is Vietnam’s leading trade partner and third-largest export market.

Relations have been developing between the two sides in all fields, PM tells business gathering during visit to Belgium.

The Ministry of Agriculture and Rural Development has said that more than 95 per cent of Vietnamese fishing vessels have now installed vessel monitoring systems (VMS). However, efforts to remove the EU’s “yellow card” on Vietnam for illegal, unreported and unregulated (IUU) fishing face many difficulties, as some localities still neglect to supervise the local fleet, with the number of vessels violating international waters not falling significantly.

While the gas crisis in the EU is having a serious impact, severe drought in China has resulted in the country cutting production due to power shortages. VnDirect believes that the deterioration in China’s economic situation will benefit industrial real estate, the construction industry, and building materials in Vietnam.

On July 11, in a discussion with Mr. Janusz Wojciechowski, EU High Commissioner for Agriculture, who is visiting Vietnam, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said Vietnam wants to attract FDI from the EU focused on developing knowledge in agriculture, ecological agriculture, and organic agriculture, and especially core technology and the training of high-quality human resources.

A project on forest protection and livelihood creation in the central highlands’ Lam Dong and Dak Nong provinces will be implemented from 2022 to 2026, with the goal of, by 2026, 25,000 hectares of natural forest being protected, reducing emissions equivalent to 3 million tons of CO2 and improving the livelihoods of 35 per cent of the population of the two provinces. The total budget of the project is €5 million ($5.36 million), funded by the EU.

Rice exports to the EU in the first eleven months of 2021 rose 0.8 per cent in volume and an impressive 21.6 per cent in value over the same period of 2020. With stable and high demand, the EU will continue to be a rice export market of potential for Vietnamese enterprises.

According to a seminar discussing measures to further foster cooperation between several Vietnamese localities and the European Union (EU), held by the Ministry of Foreign Affairs on December 12, Vietnam has the potential to cooperate with the EU in many fields, including exporting and attracting investment in agricultural products, climate change adaptation, and renewable energy development. Cooperation to date, however, has fallen short of potential and needs to be promoted further.