Moscow (VNA) - A conference gathering commercial counselors and head of tradeoffices of Vietnam in Europe took place in Moscow, Russia on June 11.
Participants to the event discussed forecast of economic and trade situation inEurope and impacts on Vietnam, and gave recommendations on strategies and measuresto develop markets for Vietnamese goods in the region in the 2019-2020 period.
They also debated how to improve market study work, and the building of newmechanisms for economic, trade and industry cooperation between Vietnam andEuropean countries to meet the demand of Vietnam’s economic development.
The event also focused on ways to remove trade barriers and enhance tradepromotion to help Vietnamese enterprises.
Addressingthe event, head of the Party Central Committee'sEconomic Commission Nguyen Van Binh praised the work of Vietnamese tradeoffices in Europe, which is a strategic market of Vietnam’sexports and also a priority cooperative partner of Vietnam in all aspects.
He stressed that as Vietnam has joined new-generation free trade agreements (FTA)with European nations, the Ministry of Industry and Trade and the network oftrade offices have a new important task of studying and proposing policies andcooperation frameworks to tap opportunities brought about by the integrationprocess.
He also underlined the need for the Ministry of Industry and Trade (MoIT) and tradeoffices to look for ways to promote Vietnam’s participation in regional andglobal value chains, and form new value chains.
Deputy Minister of the MoIT Hoang Quoc Vuong asked commercial counselors andheads of trade offices in Europe to pay more attention to assisting exportersand actively responding to trade protection measures targeting Vietnameseexports.
According to the MoIT, Vietnam’s export to Europe continues to be expanded,with export turnover in 2018 hitting over 62 billion USD, up 11.85 percent.Notably, Vietnam’s export to member countries of the Eurasian Economic Union (EAEU) has recorded a strong growth of 12percent in 2018 after the FTA between Vietnam and the union took effect in2016./.
Deputy Prime Minister Vu Duc Dam has urged overseas Vietnamese offices of commercial affairs to work as advisors for the Government, the Ministry of Industry and Trade and businesses in export-import activities and international integration.
The Vietnam-EU Free Trade Agreement is an important deal which brings many benefits to the people as well as the business community of Vietnam and the EU, therefore the two sides are making efforts to complete procedures for the official signing, ratification and enforcement of the agreement.
The first meeting of the European Union-Vietnam Joint Committee for the implementation of the EU-Vietnam Framework Agreement on Comprehensive Partnership and Cooperation took place in Hanoi on May 10.
Deputy Defence Minister, Sen. Lt. Gen. Nguyen Chi Vinh led a delegation of Vietnamese defence officers to attend a meeting of EU Chiefs of Defence (CHODs) in Brussels from May 19-22 at the invitation of Chairman of the EU Military Committee, General Claudio Graziano.
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.
At the conference (Source: VNA) 
