Sourcing from Vietnam
Looking to expand your supply chain? Join us for an insightful webinar on sourcing from Vietnam on 28 April 13.00-14.00 with the Danish Embassy to Vietnam.
As we enter a new era of green and sustainable development, Vietnam has emerged as a top destination for global supply chains. The upcoming Green Strategic Partnership between Denmark and Vietnam has paved the way for stronger commercial ties, providing Danish companies with unprecedented opportunities to leverage Vietnam's dynamic and rapidly growing economy.
Join us to learn more about the opportunities and benefits of sourcing from Vietnam, and how Danish companies can leverage the upcoming Green Strategic Partnership to expand their business in this promising market. Our panel of experts will share their insights and experiences and offer practical advice on how to navigate the challenges and opportunities of sourcing from Vietnam.
Agenda
- Welcome by Jens Holst-Nielsen, Director of Global Market Development, the Confederation of Danish industry
- Sharing of insights on the Vietnamese market from the Danish Commercial Counsellor in Vietnam, Troels Jakobsen
- Case presentation by company (TBA)
- Questions
WHY VIETNAM?
Vietnam's strategic location in the heart of Southeast Asia, combined with its favorable trade agreements and low cost of production, make it an ideal destination for Danish companies looking to expand their business.
Sustainable Production: Vietnam has made significant strides in promoting sustainable production, with over 70% of its textile and garment factories certified under social responsibility and environmental protection standards. The country's commitment to green growth and sustainable development is aligned with Denmark's values and priorities, making it an ideal partner for collaboration.
Low Cost of Production: Vietnam offers a highly competitive production cost compared to other countries in the region. In addition, the country's robust infrastructure and supportive policies create an attractive business environment for investors.
Strategic Location: Vietnam serves as a gateway to other regional markets, providing Danish companies with access to a vast network of potential customers.
Favorable Trade Agreements: Vietnam has several trade agreements in place, including a Free Trade Agreement (FTA) with the EU, which provides Danish companies with preferential access to a market of over 95 million consumers.
Strong Economic Growth: Vietnam's economy is projected to grow by 6.5 percent in 2023, making it one of the fastest-growing economies in the region. The country's stable political environment and young, skilled workforce further strengthen its position as an attractive destination for investment.
