A workshop on Viet Nam’s demand and investment opportunities was held in Brussels, Belgium, on September 22.

Vietnamese Ambassador to Belgium Vuong Thua Phong presented the country’s socio-economic situation and business policies while underscoring potential boasted by the upcoming signing of the EU-Viet Nam free trade agreement (EVFTA).

Francois De Maeyer, Head of the Belgium-Viet Nam Chamber of Commerce and Industry (CCIBV) , lauded contributions made by Belgian enterprises in stimulating economic cooperation with Viet Nam and expressed his belief in the bright outlook of the EVFTA for both sides.

The EU is one of the large import markets for Vietnamese commodities, particularly footwear, garments, farm produce and aquaculture. After signing the trade deal, 90% of Vietnamese goods being exported to European markets will go enjoy tariff of zero percent.

Belgium is Viet Nam’s sixth largest trade partner in the EU with two-way trade hitting 2 billion EUR (2.29 billion USD) a year. It has invested 281.34 million USD in 53 projects in Viet Nam.

(Source: VNA)