Promoting Vietnam-Bulgaria trade ties

Other 09:33 13/09/2014 499
Vietnam and Bulgaria should focus on ironing out snags in each specific field and give priority to areas of their strength to raise their total trade turnover.

In recent years, Vietnam and Bulgaria have made significant progress in economic cooperation, but it is not yet up to par as expected as annual two-way trade turnover remains below US$100 million, says Nguyen Tuan Hai, a representative from the Vietnam Chamber of Commerce and Industry.

Plenty of opportunity for cooperation

According to the Ministry of Industry and Trade, Vietnam mainly exports rice, cashew nuts, coffee, pepper, frozen seafood, rubber products, leather, garment, footwear, computers and electronic components and imports pharmaceuticals, pesticides, wheat, animal food, materials and additives for animal food processing, manufacturing machinery and equipment, and construction materials.

Bulgaria has 7 projects worth US$30 million in Vietnam.

Svetla Zapryanova from the Belgium Ministry of Economy and Energy says the volume of trade exchange between the two countries has not matched their potential. “We are determined to lift bilateral trade ties to higher level,” Zapryanova affirms.

Bulgaria considers Vietnam as a bridge to its business penetration into Southeast Asian markets and it is ready to help Vietnamese businesses enter European markets, Zapryanova adds.

Currently, many Bulgarian businesses are willing to cooperate and share experience with Vietnamese partners in the fields of energy, health care, education and cosmetics.

Bulgarian Ambassador to Vietnam Evgueni Stoytchex says the two sides should join efforts to promote and diversify bilateral trade activities. One of the best ways is to turn Bulgaria into a destination for Vietnamese exports to Balkan and the EU through Varna, Burga and Danube ports as well as industrial zones.

Potential areas

Foreign direct investment (FDI) is an important factor behind effective economic cooperation between the two countries. So the two sides should increase their investment cooperation in the potential areas of energy, pharmacy and garment.

Bulgarian companies are keen to invest in construction, irrigation and other infrastructure projects in Vietnam.

Ambassador Stoytchex says his Government is looking forward to more foreign investment in joint ventures to raise the competitiveness of Bulgarian exports.

A MoIT representative says Vietnam’s trade exchange with Bulgaria is still at a low level as compared with other Central and Eastern European countries as Bulgaria has a small population of 7.3 million.

To raise bilateral trade turnover, the two countries should give priority to areas of their strength, such as electric power, renewable energy, clean energy, energy security, transport infrastructure, information technology, biotechnology transfer, post-harvest processing and tourism.

They should also join efforts to conduct market research through trade promotion programs, business forums, fairs and seminars, says Zapryanova. 

Bạn đang đọc bài viết Promoting Vietnam-Bulgaria trade ties tại chuyên mục Other của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Vietnam’s Seafood Exports Face Significant Pressure from the U.S. Market in Q4

 |  08:49 20/09/2026

(vasep.com.vn) Vietnam’s seafood exports reached US$1.14 billion in August 2026, up 6.4% year on year, bringing the total for the first eight months to more than US$8.0 billion, an increase of 11.9%. Monthly export value remained above US$1 billion, but August growth was only around half the rate recorded cumulatively through the first eight months. This indicates that the eight-month result was supported significantly by stronger performance in earlier months, while market conditions are entering a less predictable period.

Kyokuyo Steps Up Pangasius Promotion, Creating New Opportunities for Vietnamese Seafood in Japan

 |  09:18 18/09/2026

(seafood.vasep.com.vn) Pangasius is attracting growing interest from Japanese seafood companies as prices of many traditional whitefish species remain high and supply becomes increasingly volatile. Notably, seafood group Kyokuyo has recently continued to feature pangasius among its priority products, highlighting its competitive pricing and stable supply.

Brackish-water tilapia: Vietnam’s emerging aquaculture frontier

 |  15:27 16/09/2026

(seafood.vasep.com.vn) As Vietnam’s tilapia industry searches for new growth opportunities, venturing into brackish-water aquaculture could unlock a formidable competitive moat. Bypassing the volume-and-price bloodbath against established global heavyweights, Vietnam could differentiate itself through high-quality tilapia products tailored to specific farming conditions and value-added market segments.

Vietnam’s pangasius exports to the U.S: tariffs, rotectionism and faltering demand choke 2026 exports

 |  15:26 15/09/2026

(seafood.vasep.com.vn) 2026 is rapidly shaping up to be a formidable stress test for Vietnamese pangasius exports to the United States. While exports to alternative markets maintain a resilient growth trajectory, the U.S market has declined significantly. In the first eight months of the year, pangasius exports to the U.S fell by nearly 14% year-on-year, with August alone recording a decline of more than 50%. The trend shows that difficulties in the U.S. market are not driven solely by weak consumer demand, but also by multiple layers of trade barriers that are intensifying simultaneously, particularly additional import tariffs, anti-dumping duties and growing protectionism for the domestic catfish industry.

Vietnam pangasius expands opportunities in Japan: Growth accompanied by the need for consistent quality

 |  08:45 11/09/2026

(vasep.com.vn) Vietnam’s pangasius exports to Japan are showing positive signals in 2026, indicating that the market is opening up greater opportunities for pangasius products, particularly processed and value-added products. In the first seven months of 2026, Vietnam’s pangasius exports to Japan reached US$31 million, up 20% year-on-year. In July alone, export value reached approximately US$5 million, up 30%.

Decree No. 292/2026/ND-CP: Elaborating certain articles and providing measures for the organization and guidance of implementation of the law on foreign trade management

 |  17:01 07/09/2026

On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.

Vinh Hoan’s Cured Panga Croquette Wins Top Prize at Seafood Excellence Asia 2026

 |  16:11 04/09/2026

(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.

Global Shrimp Forum 2026: bringing the global shrimp value chain together to find new paths for growth

 |  13:22 02/09/2026

(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.

Vietnam’s shrimp industry: changing to maintain its competitive edge

 |  07:59 01/09/2026

(vasep.com.vn) At the international B2B seminar (Hosted Buyer Program) held as part of Vietfish 2026, Mr. Nguyen Hoang Pham, Sales Director of Tai Kim Anh Seafood Processing Joint Stock Company, delivered a presentation entitled “Vietnam’s Shrimp Industry: Changing for Sustainability.” From the perspective of a seafood processor, the presentation highlighted that Vietnam’s shrimp industry continues to play a leading role in seafood exports, but is entering a new phase of competition in which change is no longer an option, but a prerequisite for growth.

What Did the World Say About VIETFISH 2026?

 |  11:19 27/08/2026

(seafood.vasep.com.vn) VIETFISH 2026 may have concluded after three dynamic days in Ho Chi Minh City, but conversations around the exhibition continue to resonate across international trade media, industry organizations, and the social media channels of participating companies.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC