EuroCham’s 2025 Whitebook launched

The European Chamber of Commerce in Vietnam (EuroCham) on April 11 released its 2025 Whitebook under the theme “Administrative Procedure Reform and Dual Transformation: Realizing a Sustainable and Green Economy.”

The Whitebook encapsulates a collective vision for a Viet Nam that can harnesses innovation, streamlines processes, and embraces sustainability while navigating the complexities of an increasingly dynamic global market.

EuroCham Chairman Bruno Jaspaert was quoted by the Government News as saying at the launching ceremony that under the guidance of General Secretary To Lam, Vietnam is striving to enter a new era. The country has set an ambitious goal of achieving high-income status by 2045. To reach this target, it banks on fostering innovation and education, leveraging new strategic infrastructure to drive economic growth, and developing a skilled workforce.

Vietnam stands at a pivotal moment, where bold, forward-thinking strategies are essential to future-proofing its economy against evolving global challenges. This is not just an aspirational goal. It is clear that this country realizes it needs to take actions, and decisive reforms are already in motion to reinforce Vietnam's position as a competitive and dynamic hub for global investment.

EU Ambassador to Vietnam Julien Guerrier, as also quoted by the Government News,  said that over the past 26 years, EuroCham's Whitebook has cemented its position as a vital communication channel, effectively conveying the perspectives of the business community to the Government of Vietnam.

With the 16th edition now available, this valuable tradition will continue to gain strength and have an even greater impact. By carefully considering the recommendations in this Whitebook, listening to each other's opinions, and actively engaging in the implementation of the EVFTA and other initiatives of the EU and Viet Nam, EU and business operators, but also by political leaders, can contribute to the growth and prosperity of the Viet Nam and EU economies.

In 2024, two-way trade between Vietnam and the EU grew by 16 per cent, surpassing $68 billion – a new record.

As the two sides enter the fifth year of the EU-Vietnam Free Trade Agreement (EVFTA), the focus must now shift from maintaining momentum to maximizing impact. With 18 out of 27 EU member states already ratifying the EU-Vietnam Investment Protection Agreement (EVIPA), only nine more approvals are needed to fully ratify the agreement, opening doors to new prospects for trade and investment. Beyond trade and policy, EuroCham plays a pivotal role in bridging European expertise with Vietnam's sustainability ambitions.