This is the first high-level visit by a Lithuanian head of state to Vietnam in many years, demonstrating the importance both countries attach to their traditional friendship and multifaceted cooperation and also heralding a new chapter for bilateral relations.
State President Luong Cuong noted the country’s steadfast foreign policy of independence, self-reliance, multilateralism, and diversification. A responsible member of the international community, Vietnam supports resolving disputes peacefully in accordance with international law, firmly opposing all forms of using or threatening to use force in international relations.
Hang said that the EVFTA is likened to a “modern expressway” that has strongly promoted trade relations between the two sides, and also helped enhance Vietnam’s position as an attractive investment destination in the region.
Party leader To Lam highlighted France’s role as the first EU nation to establish a Comprehensive Strategic Partnership with Vietnam, a testament to its commitment to strengthening bilateral friendship and cooperation.
Vietnam and France pledge to fully leverage the EU–Vietnam Free Trade Agreement (EVFTA) and deepen cooperation in priority sectors including infrastructure, transportation, renewable and green energy, science and technology, innovation, aerospace, and development of high-quality human resources, particularly for the semiconductor industry.
The top legislator expressed his satisfaction with the strong cooperation between the Vietnamese NA and the Spanish parliament, reflected in regular delegation exchanges, close coordination, and joint initiatives at both regional and global parliamentary forums.
Since EVFTA took effect in August 2020, Vietnam’s exports to the EU have surged, with bilateral trade reaching 68.4 billion USD in 2024, a 47.5% increase from 2020.
Vietnam and Hungary will closely coordinate to fully tap opportunities brought about by the EU – Vietnam Free Trade Agreement (EVFTA) while facilitating the entry of their agricultural and aquatic products into each other’s markets.
After five years of implementation, the EU-Vietnam Free Trade Agreement (EVFTA) has delivered many positive outcomes, including a robust growth of Vietnamese exports to the EU, particularly in key sectors such as textiles, footwear, and agro-fishery products.
Trade Counsellor Vo Thi Ngoc Diep noted that the Netherlands is currently Vietnam’s largest European investor and second-largest export market. Conversely, Vietnam is one of the Netherlands' top Asian trading partners and among its 20 largest goods suppliers.
Building on this tradition, over the past more than seven decades, both countries have made continuous efforts to enhance and consolidate bilateral relations through regular exchanges of high-level delegations, the establishment of the Intergovernmental Committee and regular political consultations, the implementation of numerous agreements and cooperative programmes, and mutual support at international forums.
Vietnam shipped nearly 51.7 billion USD to the European Union in 2024, marking an 18.5% increase, equivalent to an additional 8.08 billion USD compared to the previous year.
To succeed in exports via official channels, Vietnamese businesses need to identify target markets, research standards and regulations, and assess their own capabilities to develop effective strategies.
Prime Minister Pham Minh Chinh and his Czech counterpart Petr Fiala declared the upgrading of the Vietnam-Czech relations to a strategic partnership during their talks in Prague on January 20.
Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.
Vietnamese Prime Minister Pham Minh Chinh met with Polish President Andrzej Duda at the Presidential Palace in Warsaw on January 16 afternoon (local time) as part of his official visit to the European country.
Prime Minister Pham Minh Chinh’s official visit to Poland from January 16-18 at the invitation of his Polish counterpart Donald Tusk is expected to help bolster the traditional friendship and all-round cooperation between Vietnam and the European country, making it deeper and more effective.
Exports have been a bright spot in Vietnam's trade picture in the past 11 months, as prices and the recovery of orders have helped businesses improve value and maintain a trade surplus.
The plastics industry has enjoyed impressive growth this year, driven by steady demand from the construction, packaging and consumer industries, according to the Vietnam Plastics Association.
President Luong Cuong and his Bulgarian counterpart Rumen Radev co-chaired a press conference following their talks in Hanoi on November 25, announcing that they have agreed on major directions and specific measures to enhance cooperation and elevate the relations between the two countries in the time ahead.
