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Small and medium enterprises find their way into Europe

Last year, two-way trade between Vietnam and the EU reached 63.6 billion USD, up 14.8%. Particularly in the first 4 months of the year, Vietnam’s goods entering this market were estimated at 15.5 billion USD, up nearly 20%.

Looking for new markets to export is a trend of many businesses when the Chinese market slows down. For small and medium enterprises, this is not an easy problem to solve because the EU is a market for high-quality goods.

According to associations, goods in Vietnam are having an advantage in Vietnam European market. However, this is a difficult market, requiring high-quality goods, so small and medium enterprises need to pay special attention to the legality.

In 2022, Vietnam’s goods exports to the EU market are expected to grow more positively than in 2021 because Vietnamese enterprises are enjoying preferential tariffs from the EU. EVFTA Agreement.

Small and medium enterprises need to contact trade promotion agencies for support and to remove difficulties when accessing this potential market.

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