Business Cooperation
Private sector cooperation is a key area in Norway’s bilateral cooperation with Vietnam. Oil and gas, shipbuilding and shipping, fisheries, aquaculture, and trade in consumer goods are important sectors for Norwegian business activities in Vietnam. Several Norwegian-Vietnamese business partnerships have been established, particularly in the maritime sector.
The Commercial Section of the Royal Norwegian Embassy is represented by Innovation Norway's office in Hanoi, and is lead by the commercial counsellor Mr. Kjell-Arne Nielsen. Read more
Aquaculture has become a priority in Vietnamese government policies for the sector. There is thus significant potential for Norwegian companies delivering equipment, fish feeding, and know-how to the aquaculture sub sector. However, there is strong competition in this sector. Read more
Ship-building is one of the major industries in Vietnam and utilizes the output from many other industries such as steel, mechanical, welding and paint manufacturing. etc., and provides employment for about hundred thousand people. Vietnam has around 150 shipbuilding and repair yards, and about 30 of these have export capacity. In general, Vietnamese yards produce smaller tonnage vessels such a... Read more
Vietnam has a significant petroleum sector with current oil production of 400.000 Bpd and a gas production expected to increase to ore than 800 Mmcfd during the next 5 years. Read more