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

VSS2026: Seafood exports top USD 10.4 billion in 10 months – how should seafood businesses prepare for 2027?

 |  08:26 05/11/2026

(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.

Vietnam Seafood Summit 2026: From market forecasts to answers for 2027–2029 growth

 |  17:17 31/10/2026

(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.

Vietnamese seafood affirms its position at the China Fisheries & Seafood Expo 2026

 |  12:42 29/10/2026

(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.

Vietnam’s tilapia exports to CPTPP grow strongly but remain small in scale

 |  08:09 28/10/2026

(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.

Five key questions facing the seafood industry to be discussed at Vietnam Seafood Summit 2026

 |  14:58 22/10/2026

(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.

Vietnam’s shrimp exports face market volatility at year-end

 |  16:43 21/10/2026

(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.

Vietnam’s seafood industry in 2027–2029: Where will new growth opportunities come from?

 |  14:56 19/10/2026

(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.

Vietnam’s pangasius exports to the middle east recover, but growth remains uneven

 |  16:04 15/10/2026

(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.

China’s shrimp imports surge: major opportunities, but demand and product mix must be assessed carefully

 |  08:32 14/10/2026

(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.

VIETNAM SEAFOOD SUMMIT 2026 – COMING SOON!

 |  15:26 12/10/2026

(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?

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