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With the support of 17 next-generation free trade agreements (FTAs), the industry aims to achieve an export target of $48 billion this year. Plans include developing large-scale, fully integrated production chains, investing in automation, embracing digital transformation, and adopting real-time management and eco-friendly practices.
International trade agreements like the Regional Comprehensive Economic Partnership (RCEP), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the EU-Vietnam Free Trade Agreement (EVFTA) will drive further growth. Many manufacturers from Asia and Europe, including China, have already expanded their presence in Vietnam.
Foreign companies are actively seeking reliable local partners to strengthen trade ties and meet diverse market demands. This collaboration enhances Vietnamese manufacturers’ ability to meet FTA origin requirements, product value, and alignment with global sustainability trends.
Wendy Wen, managing director of Messe Frankfurt Hong Kong, said VIATT 2025 will showcase innovative digital solutions to boost efficiency and tailor products to market needs.
The event will also feature a “Sustainable Production Zone,” providing a platform for eco-friendly service providers to share expertise and present cutting-edge innovations aimed at enhancing production efficiency and meeting new market demands.
Viet Nam News
Asia News Network
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