Vietnam introduces investment potential in Belgium

Investors in Vietnam, particularly those operating in the IT and green industries at manufacturing-processing industrial parks, will be offered investment and tax incentives.

The 2019 ASEAN Trade and Investment Forum held in Brussels, Belgium, on April 4.
The 2019 ASEAN Trade and Investment Forum held in Brussels, Belgium, on April 4.

The information was released at the 2019 ASEAN Trade and Investment Forum in Brussels, Belgium, on April 4.

At the forum, investment and trade potential and advantages in Vietnam were introduced to enterprises from ASEAN, Belgium and Europe, in the context that the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) are signed and ratified in the near future.

Speaking at the forum, Nguyen Canh Cuong, Minister Counsellor and head of the Vietnam Trade Office in Belgium and the EU briefed those present on Vietnam’s import-export activities with the EU in general and Belgium in particular, as well as the country’s major competitive advantages.

The forum was organised by the ASEAN-Brussels Committee, bringing together almost 200 representatives, from leading Belgian and EU companies.

Many representatives of investors and traders from ASEAN also presented the latest developments in ASEAN towards the direction of economic integration and informed the participants on investment and trade opportunities in Southeast Asian nations.