Conference highlights investment opportunities for Belgian firms
Conference highlights investment opportunities for Belgian firms in Vietnam
Vietnam’s economic and trade development as well as the country’s advantages in attracting investment were introduced to Belgian enterprises at a conference in Belgium’s southern Mons city on May 10.
Brussels (VNA) – Vietnam’s economic and tradedevelopment as well as the country’s advantages in attracting investment were introducedto Belgian enterprises at a conference in Belgium’s southern Mons city on May10.
Participants at the event highlighted positive impacts ofthe Vietnam-EU free trade agreement (EVFTA) and proposed measures to expandimport-export activities between the two sides.
Nguyen Canh Cuong, Vietnamese Trade Counsellor in Belgiumnoted that Vietnam has maintained stable development with GDP growth of 6-8percent, while exports and imports rose 20-30 percent each year recently.
He stressed that abundant business opportunities are availablein many areas for potential investors, adding that the prospect is bright asthe Vietnamese Government is in the process to sign the EVFTA.
Meanwhile, Frauker Sommer who is in charge of EU’s bilateraltrade with Vietnam, introduced the EVFTA and gave her assessment on benefits intariff and import-export brought by the deal as well as comparative advantagesof each side and ways for businesses to expand their import-export activities.
She underlined that EVFTA is the best free trade agreementthat EU has reached with a developing country.
Speaking to Vietnam News Agency correspondent in Belgium,Hainaut province’s Governor Tommy Leclercq said that the province, the largestlocality in Belgium’s Wallonia French-speaking region, hopes to promote economicties with Vietnam in various areas, especially in import-export.
He said that following the conference, the province willhold a number of business seminars focusing on fields important to Vietnam andattractive to Belgian investors.
The governor also revealed that the province has plans to senda delegation to Vietnam in September or October this year to discuss cooperationpossibilities with potential partners.
General Director of Delaunoit group Jaques Delaunoit saidthat with the support of the European Commission, he has realized feasible investmentopportunities in Vietnam.
According to Chairman of the Belgium-Vietnam Chamber ofCommerce Huynh Trang Long, many Belgian businesses are keen on seekingpartnership with Vietnam for stronger economic ties.-VNA
The Pham Ngoc Thach University of Medicine inked a deal with the University of Liège, Belgium for a Europe-standard family medicine training programme in HCM City on March 7.
The Department of Agriculture and Rural Development of Ho Chi Minh City has carried out a programme to improve its beef products by 2020, with a vision to 2030.
The EU-Vietnam FTA (EVFTA) will play a vital role in Vietnam’s global trade integration, helping the country become a promising business and investment market in ASEAN for European firms.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Overview of the conference (Photo: VNA) 
