The Vietnamese Embassy in Israel, in collaboration with the Israel-Asia Chamber of Commerce, held a ceremony on March 22 to inaugurate the Israel-Vietnam Chamber of Commerce.
Vietnamese Ambassador Do Minh Hung speaks at inaugural ceremony of Israel-Vietnam Chamber of Commerce (Photo: VNA)
Tel Aviv (VNA) – The Vietnamese Embassy in Israel, in collaborationwith the Israel-Asia Chamber of Commerce, held a ceremony on March 22 toinaugurate the Israel-Vietnam Chamber of Commerce.
Speaking at the event, Vietnamese Ambassador Do Minh Hungbriefed participants on the two nations’ trade situation and prospects.
Despite impacts of the COVID-19 pandemic, the bilateralrelations in general and the trade ties in particular have developed strongly,with the trade turnover hitting 1.8 billion USD, a rise from 1.6 billion USD of2020, and 1.2 billion USD of 2019.
Vietnam maintains its status as Israel’s largest trade partner inSoutheast Asia, he stressed.
Einat Halevi Levin, President of the Israel-Vietnam Chamber of Commerce (Photo: VNA)
Einat Halevi Levin, President of the Israel-Vietnam Chamberof Commerce, said that the decision to set up the chamber was prompted by the huge cooperation potential andrapid trade growth between the two countries.
The chamber will provide support for the two business communitieswith a goal of doubling the two-way trade value, she said, adding that it hasreceived big assistance from the Israeli Government.
Representatives from Israeli enterprises showed theirinterest in investing in Vietnam – a nearly 100-million-consumer market, andtheir hope to import commodities of all kinds, from machinery, automobile to food fromVietnam./.
Israel's removal of import quotas and opening of its dairy market create a good opportunity for Vietnamese businesses to approach Israeli importers and boost exports to the country in the near future, the Vietnamese trade office in Israel has said.
The Embassy of Israel on December 13 presented more than 22,000 plants to farmers in Bac Phong commune, Cao Phong district, the northern mountainous province of Hoa Binh, in response to the 1-billion-tree growing project launched by the Vietnamese Prime Minister.
A seminar to promote agricultural trade and investment and cooperation between enterprises of the northern mountainous province of Ha Giang and Israel has been held in the Vietnamese locality.
Ambassador of Israel to Vietnam Nadav Eshcar spoke highly of Vietnam’s successful response to COVID-19 during a recent interview with the Vietnam News Agency, saying he is impressed to see the significant growth in the trade volume between the two countries over the last two years despite the COVID-19 challenges.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Vietnamese Ambassador Do Minh Hung speaks at inaugural ceremony of Israel-Vietnam Chamber of Commerce (Photo: VNA) 
Einat Halevi Levin, President of the Israel-Vietnam Chamber of Commerce (Photo: VNA) 
