Vietnam emerges as Ireland’s most promising economic partner in ASEAN
VOV.VN - Vietnam has been identified as one of Ireland’s most dynamic and promising economic partners within the ASEAN region, thanks to its strong reform efforts and deepening global integration, experts said during the recent Vietnam–Ireland Trade and Investment Forum 2025 held in Dublin.
At the event, Phyllis Kelly, Assistant Principle at Ireland’s Department of Business, Enterprise and Innovation. Department of Business, Enterprise and Innovation said Vietnam’s ongoing institutional reforms, improvements to the investment and business climate, and proactive integration into the international economy have laid a solid foundation for attracting high-quality investment, boosting competitiveness in global trade, and supporting sustainable, long-term economic growth.
Meanwhile, Pat O’Riordan, ASEAN Director of Enterprise Ireland, highlighted Vietnam’s growing importance in Ireland’s ASEAN cooperation strategy. He noted that Enterprise Ireland views Vietnam as a strategic gateway for Irish companies seeking to expand into Southeast Asia, particularly in high technology, innovation, the green economy, and sustainable development, while leveraging Vietnam’s extensive network of free trade agreements.
Le Dinh Ba, Counselor and Trade Representative of Vietnam to the United Kingdom reaffirmed Vietnam’s commitment to advancing trade liberalization, market openness, and attracting high-quality European investment, including from Ireland.
He emphasized that Vietnam prioritizes cooperation with Irish partners in renewable energy, green finance, digital transformation, and high-tech industries, and pledged that the Vietnamese Trade Office will continue to serve as a bridge connecting businesses, facilitating partnerships, and supporting concrete cooperation projects.
At the forum, Irish enterprises showcased their capabilities and shared cooperation plans in the Vietnamese market, particularly in aviation infrastructure management and airport development, biotechnology, environmental treatment solutions, and environmentally friendly technologies aimed at sustainable growth.
Vietnamese businesses, meanwhile, highlighted cooperation opportunities in sectors where Vietnam holds competitive advantages, such as coffee, information technology and digital transformation, the development of high-tech industrial parks, and policies designed to attract investment into high-tech zones. They emphasized that Vietnam is not only a fast-growing consumer market but also an appealing investment destination for Irish companies due to its improving business environment and deep global integration.
The forum was part of a broader series of trade and investment promotion activities in 2025 organized by the Vietnamese Trade Office in the UK. It drew strong interest from trade promotion agencies and business communities in both countries, with 50 companies attending in person and 100 joining online.
Participants included major Irish firms such as DAA International, Anabio Technology Limited, and Auranta, alongside Vietnamese companies operating in the UK and Ireland, including FPT Software London, TT Meridian, and Minh Tien Coffee.
Discussions at the event underscored the complementary strengths of Vietnamese and Irish businesses, pointing to substantial potential for cooperation in trade, investment, and value chain integration, and contributing to the development of bilateral economic relations in a practical, effective, and sustainable manner.
Vietnam and Ireland ink agri-food cooperation agreement
VOV.VN - Vietnam and Ireland have signed a Memorandum of Understanding on enhanced cooperation in the fields of enterprise and cooperative development and agri-food innovation.
