Prime Minister Pham Minh Chinh meets a delegation from the EU-ASEAN Business Council (EU-ABC) and the European Chamber of Commerce (EuroCham) in Vietnam, along with nearly 40 leading EU enterprises, Hanoi, November 27, 2025. (Photo: VOV)

“We’re working aggressively on this. We have basically met all the EC's recommendations and teams are being sent to localities to review the work. I ask that you have a say in lifting the IUU yellow card, which is an obstacle in our economic relations,” Mr. Chinh said during a working session with the EU-ASEAN Business Council (EU-ABC) and the European Chamber of Commerce in Vietnam (EuroCham).

He urged the EU and its business community to coordinate effectively in implementing the EU-Vietnam Free Trade Agreement (EVFTA) and opening markets, and asked for greater cooperation in green transition, digital transformation, clean agriculture, and training high-quality human resources. Vietnam welcomes European businesses to invest  in high-tech projects, artificial intelligence, semiconductor chips, green growth, and other key areas, he said.

The Prime Minister asked European companies to urge the remaining seven EU member states to ratify the EU-Vietnam Investment Protection Agreement (EVIPA).

Jens Rubbert, Chairman of the EU-ABC, said European businesses applaud Vietnam's commitment to trade openness, administrative and economic reforms, national stability, export competitiveness, and rapid digital and green transformation. Vietnam is positioning itself as one of the top destinations in ASEAN for EU and other foreign businesses, he said.

EuroCham Chairman Bruno Jaspaert said EU businesses have donated 88,000 euros to help Vietnam recover from natural disasters.