Vietnam has become one of the top Asian exporter to Spain, only behind China, on par with Hong Kong (China) and above Japan, Taiwan, the Republic of Korea which are strategic markets of Spain.
Hanoi (VNA) – Vietnam🅷 has become one of the top Asian exporter to Spain, only behind China, on par with Hong Kong (China) and above Japan, Taiwan, the Republic of Korea which are strategic markets of Spain.
It was revealed by the Vietnam Trade Office in Spain at a teleconference on trade promotion with Vietnam trade offices abroad in September.
The latest statistics by the Spain Customs showed that two-way trade between Vietnam and Spain hit 2.19 billion EUR in the first half of this year. Of the figure, Vietnam’s export revenue hit 1.95 billion USD, up 56.41%. It continued to enjoy a high trade surplus worth 1.71 billion EUR, up 12.21%.
Its major exports include mobile phones and spare parts, machinery and equipment, garment and textile, footwear, coffee, aquatic products, wood and wooden furniture, bamboo and rattan products.
The Vietnam Trade Office in Spain asked for collaboration from localities and trade associations to hold online and offline workshops to introduce business opportunities to exporters, as well as hold more trips to Spain to connect Vietnamese importers, distributors and major supermarkets with Spanish partners.
This year, the office will focus on supporting Vietnam’s exports of aquatic products, fruits and vegetables and handicrafts.
According to the office, Spain wants to sell more products to Vietnam, including meat and ham, alcoholic beverages, processed organic food, olive, organic cosmetics, milk and dairy products, machinery and auto spare parts.
Vietnamese ministries and agenc༒ies should partner with the office to accelerate the organisation of the first meeting of the Inter-Governmental Committee on Economic, T🍨rade and Investment Cooperation to seek solutions to trade barriers and boost ties in industry and energy, the office said./.
The Vietnamese Embassy in Spain on September 1 organised a ceremony to mark Vietnam’s 76th National Day (September 2), drawing the participation of all embassy staff, the Vietnamese Honourary Consul in Sevilla, and representatives of the Vietnamese community in Madrid.
President Nguyen Xuan Phuc on October 11 sent a message of congratulations to King of Spain Felipe VI on the occasion of the European country’s National Day (October 12).
Vietnam and Spain are standing a good chance to further develop ties, given that the EU-Vietnam Free Trade Agreement (EVFTA) took effect from August and the EU-Vietnam Investment Protection Agreement (EVPIA) has already ratified by Vietnam and is pending ratification in the EU, Vietnamese Ambassador to Spain Hoang Xuan Hai has said.
A Spanish official affirmed that the European country attaches importance to comprehensive cooperation with Vietnam while addressing a ceremony held in Madrid by the Vietnamese Embassy on October 3.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative image (Photo: vneconomy) 
