Belgium

Vietnamese Ambassador Nguyen Van Thao (left) meets with Belgian President of Senate Stephanie D’Hose in Brussels on October 13. (Photo: VNA) Brussels (VNA) – There are still plenty of room for Vietnam and Belgium to expand cooperation in various areas, Vietnamese Ambassador Nguyen Van Thao told Belgian President of Senate Stephanie D’Hose in Brussels on October 13. Welcoming Thao, Stephanie D’Hose congratulated him on his appointment as Vietnamese Ambassador to Belgium and wished him a successful term of office to take the two countries’ relations to a new height. She expressed her delight at the development of the ties between the two countries and two parliaments particularly, reflected by a visit of Vietnamese Chairman of the National Assembly Vuong Dinh Hue to Belgium last year. The Belgian official highlighted the significant role of the parliaments at the time of COVID-19 and the ever-changing global situation. She proposed the two nations to further beef up …

[Read more...] about Plenty of room to Vietnam, Belgium to expand ties: Diplomat

European investors have diversified investments in Vietnam to new fields, including telecommunications, finance, office leasing, retail, hi-tech farming, and pharmacy. Foreign direct investment (FDI) inflows to high-quality projects are set to keep increasing to Vietnam in the mid-and long-term thanks to the   EU-Vietnam Free Trade Agreement (EVFTA). Seafood processing at Godaco Company in Tien Giang Province. Photo: Viet Hung The assessment was given in a Government report on the trade and investment relations with the EU one year after the EVFTA kicked off. As of September 2021, the EU has a total of 2,242 ongoing projects in Vietnam with registered capital of $22.24 billion, up 164 projects, and $483 million in the capital against the same period of last year. Such figures accounted for 5.58% of total investment capital and 6.57% of foreign-invested projects in Vietnam, noted the report, adding a number of successful European corporations in Vietnam …

[Read more...] about EVFTA to further increase FDI to Vietnam in mid-and long-term

Vietnamese lychees on the shelves of Singaporean supermarkets Combining online, traditional methods The year 2021 is considered an important milestone for Vietnamese fruits with lychees and longan exported for the first time directly to Western European countries, such as the Netherlands, Belgium, France, Germany and the UK. In particular, 15 tonnes of frozen durians from the Uu Dam Import-Export Company Limited exported to Australia were sold out in just two days. The positive results were attributed to the efforts of units, including Vietnamese trade offices abroad. Vietnamese Trade Counselor in Belgium and the EU Tran Ngoc Quan said the Ministry of Industry and Trade has directed Vietnamese trade offices abroad to focus on finding output for agricultural products. Therefore, they have strengthened advertisement and introduction of Vietnamese agricultural products in supermarket systems, distribution channels and wholesale markets. In addition, they have organized online …

[Read more...] about Digitalization enhances Vietnam’s trade promotion

A dried up canal in Gò Cấp Township, the Mekong Delta Province of Tiền Giang, after a historic episode of drought and salt intrusion hitting the southern region in March. VNA/VNS Photo Vũ Sinh Ahead of the upcoming 2021 United Nations Climate Change Conference slated for October 31 – November 12, 2021, the Ambassadors of the European Union Member States in Việt Nam penned a joint Op-Ed calling on partners, including Việt Nam, to strengthen climate plans, and reiterated their commitment to help achieve set targets. 'The evidence is clear. In August, the world’s scientists concluded once again that immediate action is needed. Climate change is uncomfortably close to all our daily realities no matter where in the world we live. Already it is triggering the kind of climate disasters we saw recently in every part of the planet, putting the survival of many species at risk and soon rendering certain parts of the Earth uninhabitable to humans. As climate scientist Prof. Kimberly …

[Read more...] about COP26 has to be the turning point — from climate negotiations to climate solutions

The Government has reported to the National Assembly about the implementation of EVFTA (EU-Vietnam FTA) over the last year. The report shows that after one year of implementing EVFTA, trade exchange and investment between Vietnam and the EU have obtained encouraging results despite difficulties caused by Covid-19. Vietnam-EU total import and export turnover reached $54.6 billion, an increase of 11.9 percent over the same period last year. Of this, Vietnam’s export turnover to the EU was $38.5 billion, up by 11.3 percent, while its import turnover from the EU was $16.2 billion, up by 12.4 percent. In the first seven months of 2021, the import and export turnover between Vietnam and the EU was $32.4 billion, an increase of 18 percent compared with the same period last year. If considering export turnover alone, the figure was $22.81 billion, an increase of 17 percent. As of September 2021, the EU had 2,242 valid investment projects in Vietnam, an increase of 164 projects …

[Read more...] about One-year EVFTA: major European investors pour billions of dollars into Vietnam