Denmark to become trade partner

Friday, Mar 06, 2015 10:30

Workers produce wooden products at Hoang Duc Linh company. Wooden furniture is one of Viet Nam's key exports to Denmark. — VNA/VNS Photo Tran Viet

HA NOI (Biz Hub) — After signing numerous cooperation agreements with Viet Nam, Denmark is quickly becoming a potential trade and investment partner of the country, paving the way for enterprises to promote exports, reported.

The online newspaper quoted the Ministry of Industry and Trade as saying that Denmark has been implementing trade liberalisation policies to create favourable conditions for foreign enterprises to enter its market.

Looking forward, Danish enterprises plan to visit Viet Nam to seek partners in agriculture and food, and uncover additional collaborative opportunities between the two countries.

According to data from the Ministry, bilateral trade between the two countries raked in US$479 million in 2014, providing Viet Nam with total export revenue of $303 million, an annual increase of 13.2 per cent, from its key exports: garments, footwear, wooden furniture and electricity appliances. — VNS

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