Bulgaria continues to be key partner in Vietnam’s exports

The Vietnam Chamber of Commerce and Industry in Ho Chi Minh City (VCCI-HCMC) held the Vietnam-Bulgaria Trade Forum yesterday.

Representative of VCCI-HCMC said the two countries’ total trade turnover in 2017 reached US$ 109 million.

Of these, Bulgaria’s exports to Vietnam was US$ 71 million. Export products included medicines, feed stuffs while Vietnam exported to Bulgaria rice, cashew, coffee, pepper, frozen seafood and products from rubber, leather, garments, computer and accessories worth $ 38 million.

Bulgaria has invested 11 FDI projects in Vietnam with total registered capital of $ 85 million in fields: agriculture processing, mechanical engineering, science technology…

Under new economic cooperation model which agreed by two countries’ leaders, Vietnam could export some key items to Bulgaria then goods would be processed in Bulgaria’s ports and continuing to export to European markets, and Balkan region.