Vietnamese businesses grasping new trend to increase exports to Spain
(VOVWORLD) - The COVID-19 pandemic has changed the consumption habits of Spaniards interested in health products, and Vietnamese enterprises can take the opportunity to export to this market, according to Vietnam’s Trade Office in Spain.
 (photo: VNA) |
Despite the impact of the COVID-19 pandemic, the two-way trade turnover has still yielded positive results thanks to the enforcement of the European Union-Vietnam Free Trade Agreement (EVFTA), it said. Statistics from the General Department of Customs showed that, in the first seven months of this year, Vietnam's exports to the Spanish market reached 1.3 billion USD, an increase of 14.78 percent compared to the same period last year. When about 70 percent of the Spanish population is fully vaccinated, and Spain's economic situation may begin to improve, Vietnam's import and export turnover is expected to recover quickly this year. Therefore, Vietnamese businesses need to grasp the trends and tastes of Spanish consumers to boost exports, the office said.