Vietnam to boost export of food ingredients to Swedish market

The Open Trade Gate Sweden (OTGS) is scheduled to host a webinar on April 20 to provide Vietnamese businesses with relevant information about opportunities to boost the export of food ingredients to the Swedish market, according to the Vietnamese Trade Office in Sweden.

The trade office pointed out that Sweden is a potential market for food ingredients from developing countries, including Vietnam, adding that although Swedish food processors and importers tend to seek supply sources of food ingredients through other European countries, some ingredients are imported directly.

The move is therefore expected to create a wealth of opportunities for Vietnamese businesses to gain further entry into the market.

In particular, with the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA), local businesses are anticipated to enjoy a number of tax incentives when exporting their products to Sweden.

Food ingredient exporters who are keen to learn more about market trends and requirements are therefore recommended to register for the webinar at the link before April 18.