Business ties between the Philippines and Viet Nam received a boost as the Philippine Chamber of Commerce and Industry (PCCI) and the Viet Nam Chamber of Commerce and Industry (VCCI) formalized a cooperation agreement aimed at expanding trade and investment flows between the two economies.
The Memorandum of Understanding was signed during the Viet Nam–Philippines Business Forum in Manila, marking a structured push by the two largest business organizations of both countries to deepen private sector collaboration amid rising bilateral economic activity.
The agreement was signed by PCCI President Ferdinand “Perry” A. Ferrer and VCCI Vice Executive President Nguyen Quang Vinh.
Under the partnership, both chambers committed to closer coordination through regular exchange of information on business and investment opportunities, as well as joint participation in trade missions, exhibitions, forums, and other industry engagements.
The MOU also establishes designated focal points on both sides to streamline communication and facilitate follow-through on identified areas of cooperation, with the goal of improving connectivity between Philippine and Vietnamese business communities.
The initiative reflects growing efforts from both countries to strengthen commercial linkages and encourage greater private sector participation in driving bilateral economic growth.