From airports to green farms, Vietnamese and Dutch companies sign 18 deals

Both nations have strategic sea locations and are exposed to climate shocks

Companies from the Netherlands display goods in Ho Chi Minh City. Vietnam has drawn on Dutch experience developing dikes and high-yield crops on limited land. (Photo by Lien Hoang)

LIEN HOANG, Nikkei staff writer

March 23, 2024 19:14 JST

HO CHI MINH CITY -- Companies including Philips, a conglomerate run by Vietnam's richest woman and farm exporters signed 18 deals in industries from aviation to agriculture as a Dutch trade delegation visited Ho Chi Minh City.

Investors and politicians from the Netherlands and Vietnam said Thursday the deals would particularly benefit businesses bracing for climate change, such as shrimp farms learning how to operate around mangroves.