Welcome to the website of the Delegation of the European Union (EU) in Vietnam. This is an open door to the institutions and policies of the EU and it provides an overview of the activities of the European Union in Vietnam in the fields of foreign policy, development cooperation, trade policy, economic policy, regional integration, information and culture.
With the entry into force of the Treaty of Lisbon in 2009 and the establishment of the European External Action Service in 2011, the EU has a strengthened role with modern institutions and optimized working methods. These changes have enabled us to speak with one single voice to address challenges such as globalization, climatic and demographic changes, security and energy.
With 28 Member States, more than 500 million citizens and a single currency - the euro- that is used by 19 Member States and 330 million people, the EU is a giant economic entity, the largest economy in the world of trade, investment and a technological innovation power house. We are also an influential political and security actor in the globe, and a major actor in setting the international policy agenda.
EU-Vietnam relations have developed vigorously since the establishment of diplomatic relations two decades ago. 2015 marks the 25th anniversary of the relation between the EU and Vietnam. During this period, Vietnam has experienced impressive economic growth and significant social changes, emerging from a long war – undergoing country to become a middle–income country and an important partner within ASEAN.
The EU and Vietnam have concluded and signed a new Partnership and Cooperation Agreement (PCA) in 2012. This agreement will broaden and strengthen the existing framework for co-operation between the EU and Vietnam, with a new forward-looking and modern agenda covering many new areas such as research, climate change, security, technology, environment, etc.
On the trade and economic relations, in the first 11 months of 2014, the EU was Vietnam's second largest overseas export market with export turn-over of 24.8 billion USD, while our two-way trade reached 32.8 billion USD, making the EU into one of the largest trading partner of Vietnam. Both the EU and Vietnam are now being engaged in very intense negotiations for a Free Trade Agreement (FTA) which is expected to be concluded in this spring. The FTA will boost trade and investment, as well as create new business opportunities and new jobs.
The relationship between the EU and Vietnam has never been so rich, creating every day new cooperation opportunities in all possible fields, while Vietnam is opening itself to the world, becoming a solid partner for the EU on the international stage and in South East Asia in particular. The EU is ready to stand by Vietnam, among other Asian partners, as they adapt new realities.
I am delighted to share with you that there will be a series of events and activities that will be organized to mark the milestone 25th anniversary between the EU and Vietnam. You will find in the coming days a comprehensive calendar of events which, I hope, will greatly interest you in knowing more about Europe and its presence in Vietnam.
Finally, I hope that you will find this site informative and useful. If you do not find the information you need, or have any suggestion for improving the site, please do not hesitate to contact us. Your feedback will be very welcome.
Franz Jessen, Ambassador - Head of Delegation