Vietnam-EU Trade Seminar to Open in HCM City Next Week
The Vietnam Chamber of Industry and Commerce (VCCI) and the European Commission (EC) will jointly organize the Vietnam-European Union (EU) trade seminar in Ho Chi Minh City on May 13.
Many leading businesses from the EU will gather at the seminar to discuss measures to improve Vietnamese firms’ competitiveness in the world market in general and the EU market in particular, said Ambassador Sean Doyle, Head of the EC delegation to Vietnam.
Currently, the EU is one of Vietnam’s largest trade partners.
Bilateral trade value between Vietnam and EU reached US$76 billion over the past nine years, of which Vietnam shipped US$50.4 billion to EU and imported US$26.1 billion.
Vietnam’s key exports to the EU market include footwear, apparel, furniture, seafood and the Asean country buys machinery, medicine, materials for apparel industry, steel and fertilizer.
In 2008, the Southeast Asian exported US$10 billion goods to the EU, up 17.6 per cent on-year. Vietnam aims to gain US$12 billion worth of products to the EU by 2010.
P.V