Vietnam – potential market for Danish businesses

VOV.VN - Vietnam is a potential market for Danish businesses as their investment into the country tends to increase, said Danish Ambassador to Vietnam Charlotte Laursen.

Ambassador Laursen said 2016 marks the 45th anniversary of Denmark-Vietnam diplomatic ties. Denmark has been one of Vietnam’s biggest ODA donors since 1993.

Danish ODA grants focus on safe drinking water, sanitation, agriculture, environment and administration reform. Vietnam is considered a success of Danish ODA grants in the globe, Ms Laursen said.

Currently, around 130 Danish businesses are operating in Vietnam and concentrating in furniture making, agriculture, fisheries and food industries. They are interested in Vietnam market as they have realized its great potential.

According to preliminary statistics from the General Department of Vietnam Customs, Vietnam imported US$281.9 million worth of products from Denmark in the first ten months of this year, up 39.61%.

Key import products from Denmark are machines, equipment, tools, pharmaceutical products, chemicals, and seafood.  Machines, equipment and tools ranked top with a value of US$63.9 million, up 129.26%, trailed by chemicals (US$25.9 million, down 2.32%), and pharmaceutical products (US$20.4 million, down 2.04%).
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