Austrian newspaper Kronen Zeitung reports on trade between the Austrian state of Steiermark and Vietnam. (Photo: VNA)

An article recently published by Austria’s Kronen Zeitung newspaper said Vietnam’s economy is booming thanks to a growing number of foreign investors, a trend that firms in Styria don’t want to miss.

Data from the Austrian Federal Economic Chamber showed that in 2021, Styria exported 28 million EUR worth of goods to Vietnam while spending 147 million EUR on imports from the country.

Vietnam has become the third biggest importer of Austrian goods in Asia and a promising market for Austrian investments.