Trade and Economic Cooperation

In October 2016, the Free Trade Zone Agreement between the EAEU member states and Vietnam, as well as the Belarusian-Vietnamese intergovernmental Protocol on support for the production of motor vehicles in Vietnam, came into force.

Trade turnover between the Republic of Belarus and the Socialist Republic of Vietnam

                                                                           in million dollars USD

The main exports of Belarus to Vietnam in recent years are:

♦ automobile and tractor equipment;
♦ medicines;
♦ cosmetics;
♦ milk and dairy products;
♦ malt;
♦ raw flax.

Main articles of imports of Belarus from Vietnam are:

♦ natural rubber;
♦ seafood;
♦ printing equipment;
♦ vacuum cleaners;
♦ nuts;
♦ tires;
♦ electronic integrated circuits;
♦ propylene polymers;
♦ coffee;
♦ footwear;
♦ rice.

A representative office of MAZ OJSC operates in Vietnam. In September 2019, a grand opening ceremony of the MAZ truck assembly plant was held in Hung Yen Province.

In April 2020, the certification procedure for Belarusian milk and dairy products in Vietnam was completed. In April 2025, the certification of Belarusian beef was completed.

The Belarusian-Vietnamese intergovernmental commission on trade, economic, scientific and technical cooperation is functioning. The co-chairman from the Belarusian side is Deputy Prime Minister Anatoly Sivak, from the Vietnamese side — Minister of Industry and Trade Nguyen Hong Dien. Its 16th meeting was held in Hanoi on April 1, 2025.

Exhibition and fair events, business forums are held. In 2011-2025, eight national and collective expositions of the Republic of Belarus were organized in Hanoi and Ho Chi Minh City. Deputy Prime Minister of the Republic of Belarus A.A. Sivak took part in the opening of the 34th international exhibition “Vietnam Expo” in Hanoi (April 2-5, 2025), the exposition of the Republic of Belarus and the Belarusian-Vietnamese business forum.