Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria and Vietnam should capitalise on their strategic geographic positions, says president Radev

Bulgaria is hosting a Vietnamese delegation led by To Lam, General Secretary of the Communist Party of Vietnam

Rumen Radev
Photo: BTA

Bulgaria and Vietnam should make the most of their strategic geographic positions – Vietnam in Southeast Asia and Bulgaria in Southeast Europe – acting as a gateway for goods and services from Asia to Europe, President Rumen Radev said on Thursday. He was speaking at the opening of a business forum in Sofia, aimed at promoting cooperation between Bulgarian and Vietnamese companies, according to the Bulgarian News Agency (BTA).


Bulgaria is hosting a Vietnamese delegation led by To Lam, General Secretary of the Communist Party of Vietnam, which includes more than 40 representatives from government institutions and leading companies.

The forum, organised by Bulgaria’s Executive Agency for Small and Medium Enterprises Promotion in partnership with the Vietnamese Foreign Investment Agency, is intended to foster contacts and showcase opportunities for partnership and joint projects between companies from both countries.


Pharmaceuticals, information and communication technologies, high-tech manufacturing, automotive and transport, clean energy, agriculture and food processing, digital infrastructure, aviation and telecommunications are the key sectors at the forum, where participants have the opportunity to meet potential partners and explore collaboration on joint ventures.


Economic and trade relations between Bulgaria and Vietnam have seen significant growth this year. Official data show that, in 2024, trade between the two countries reached $292 million, a 33.5% increase from the previous year, with a further 29% rise reported in the first months of 2025.


Editor: Diana Tsankova
Posted in English by E. Radkova
Photos: BTA


Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Prime Minister Rosen Zhelyazkov supports the peace plan for Ukraine

“Borders cannot be changed by force, and Ukraine’s long-term security must be guaranteed”, Bulgaria’s Premier Rossen Zhelyazkov said during a videoconference meeting of the “Coalition of the Willing”, led by French President Emmanuel Macron and UK..

published on 11/26/25 8:57 AM

Bulgaria and China discuss cooperation in the automotive sector

Business forum on the topic "Bulgaria - China: cooperation in the automotive sector" is being held on November 26 in Sofia. Its organizers are the Bulgarian Chamber of Commerce and Industry and the Embassy of the People's Republic of..

published on 11/26/25 7:30 AM

Draft budget 2026 sparks protests

The Bulgarian Industrial Capital Association has called for participation in a protest on November 26 against the budget for 2026, which is about to be adopted at second reading. "We call not only our members, but also all..

published on 11/26/25 6:50 AM