Viet Nam is witnessing a steady rise in foreign direct investment (FDI) from Europe, with increasing businesses viewing the country as a strategic destination, particularly in clean energy, high technology, semiconductors, and infrastructure.

Despite global market turbulence and some delays in domestic reforms, European businesses continue to express strong confidence in Viet Nam’s long-term economic prospects, according to the latest Business Confidence Index (BCI) report released by the European Chamber of Commerce in Viet Nam (EuroCham) on June 30.

Minister of Foreign Affairs Bui Thanh Son received a delegation of the EU-ASEAN Business Council (EU-ABC) and the European Chamber of Commerce in Vietnam (EuroCham) in Hanoi on February 15, affirming that his ministry will actively work with other ministries and sectors to promote bilateral trade and investment links.

Vietnamese enterprises should focus on meeting quality requirements and ensuring green and sustainable growth, experts said at the Vietnam-EU Trade Forum held in Ho Chi Minh City on September 29.