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Workshop on Disseminating market information and connecting with EU regional distribution systems (08/05/2022)
With the goal of making the most of market opportunities, effectively exploiting the EVFTA Agreement, supporting businesses to boost exports to the EU, by providing and updating market information, and at the same time introducing and closing connecting Vietnamese businesses with import partners and distribution systems in the EU, the European - American Market Department, the Ministry of Industry and Trade organized a seminar on "Disseminating market information and connecting with other systems". EU regional distribution”.

Time: 14:00 on August 11, 2022 (Thursday);

Mode of participation: Face-to-face and online seminars;

Location: Saigon Hotel, 41-47 Dong Du, District 1, Ho Chi Minh City

Chaired by: Europe - America Market Department, Ministry of Industry and Trade.

The workshop focused on exchanging and answering questions about market information, updating new regulations, policies, consumer trends and recommending ways to approach and penetrate distribution systems in the area. Specifically. At the same time, it is an opportunity for businesses to share experiences and connect directly with partners, to promote the export of Vietnam's strong and potential products to the EU. This is a necessary and useful information channel for businesses that have, are and will intend to choose the EU as the target market for import and export business activities.

The Ministry of Industry and Trade would like to announce and invite representatives of your business to attend the seminar. Attendees should register before August 9, 2022 by following the link: https://bit.ly/3BrcwSz. For details, please contact: Mr. Phan Quang Nghia; Tel: 0983793773.
The EU is currently Vietnam's leading trading partner and the third largest export market (after the United States and China) with an average export growth rate of 7.5%, accounting for 13 percent of the total. .6% of Vietnam's total exports (2015 - 2021). In the opposite direction, Vietnam is ranked as the 14th trade partner of the EU and the largest trading partner of the EU in ASEAN; In terms of exports alone, Vietnam ranks 11th among the largest suppliers of goods to the EU (in 2021- according to Eurostat).

According to the General Department of Customs, in 2021, the two-way trade turnover between Vietnam and the EU will reach 57.01 billion USD, up 14.5% over the same period in 2020, of which Vietnam's exports will reach 40. 1 billion USD, up 14.2%; imports 16.9 billion USD, up 15.3% over the same period in 2020. Vietnam continues to have a trade surplus of 23.23 billion USD in 2021.

In the first 6 months of 2022, the import and export turnover of goods between Vietnam and the EU reached 31.71 billion USD, up 14.5% compared to the first 6 months of 2021. In which, export turnover to the EU market reached 31.71 billion USD. $23.82 billion, up 22.7%. Vietnam's goods exports to most markets in the EU recorded good growth; Notably, export turnover to many major markets in the bloc achieved a double-digit increase. Key export items continued to recover and increased strongly such as textiles and garments (37.8%), footwear (19%), coffee (75.2%), seafood (42.1%). vegetables (12.2%)…
Source: Europe - America Market Department
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