The Ministry of Industry and Trade will support and facilitate business opportunities for Vietnamese and Slovenian firms in both countries, said Deputy Minister Ho Thi Thoa.
Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) will support and facilitate business opportunities for Vietna🌃mese and Slovenian firms in both countries, said Deputy Minister Ho Thi Thoa.
In her speech at a Vietnam-Slovenia business forum in Hanoi on November 13, Deputy Minster Thoa suggested the sides step up economic and investment cooperation, especially in the paper industry, electronics, maritime transport, logistics and processing-related fields.
Slovakia is a crucial bridge that helps Vietnamese goods make inroads into the EU, she stated, affirming that Vietnam is willing to assist Slovenian firms in accessing ASEAN markets.
Ante Milevoj from Slovenia’s Chamber of Commerce and Industry introduced participants to Slovenia’s market characteristics, saying the country has the highest income per capita among the EU’s new member nations.
Vietnam established embassy-level diplomatic ties with Slovenia in June 1994. Two-way trade has recorded considerable development, up 10 times from 2005 to 2014.
Vietnam-Slovenia trade doubled to 125.3 million USD in 2014 from only 59.9 million USD in the previous year. In the first five months of this year, Vietnam’s export to Slovenia turnover valued at 76 million USD, with main exports being aquatic seafood, coffee, rice, footwear, textiles, wood and wooden products, and handicraft products.
According to Slovenian Minister of Economic Development and Technology Zdravko Pocicalsek, there are many advantages and opportunities for both countries to boost their connections, especially in heavy industry, sea transport and logistics.
Slovenia wishes to enhance cooperation with Vietnam in the fields of water management, bio-technology, nanotechnology, transport and logistics.
The economic cooperation agreement signed between Vietnam and Slovenia and the upcoming enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) are expected to open up great opportunities for the two countries’ businesses.-VNA
Slovenia and Croatia want to boost multi-faceted cooperation with Vietnam and serve as important gateways for the Southeast Asian nation’s goods to earn wider presence in the European market, especially the Balkan region.
Prime Minister Nguyen Tan Dung had a full schedule during his trip to Milan, Italy, holding a number of bilateral meetings with leaders who also attended the 10th Asia-Europe Meeting ASEM Summit (ASEM-10) on October 16-17.
Deputy Foreign Minister Bui Thanh Son on November 5 met with the Swedish Deputy Prime Minister and Foreign Minister, and Foreign Ministers of Luxembourg, Ireland and Malta.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Processing frozen shrimp for export (Photo: VNA)
