The European Parliament (EP)’s Committee on International Trade (INTA) and the Vietnamese Government have agreed that they have to make concerted efforts for the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) in the next eight or nine months.
The European Union wants to ratify the EU-Vietnam Free Trade Agreement in 2018 and put it into force as soon as possible. This is the main theme of a seminar held in Brussels, Belgium recently.
Vietnamese businesses have not yet made the most of opportunities from the Vietnam-Korea Free Trade Agreement (VKFTA) to increase exports to the Republic of Korea (RoK) market.
VOV.VN - Experts at a recent conference in Ho Chi Minh City urged Vietnam agriculture to move away from high-yield to superior quality rice varieties to best compete with other rice exporters in the Asian region such as India and Thailand.
A delegation of the Vietnam National Textile and Garment Group made a fact-finding trip to Armenia in late August to seek partners to develop production projects as Vietnam is the first country to sign a free trade agreement with the Eurasian Economic Union that includes Armenia.
Thailand and Turkey are moving ahead with Free Trade Agreement (FTA) negotiations to expand the trade volume between both countries, with the goal of doubling the trade value during the next five years.
The Republic of Korea (RoK) surpassed the US to become the second largest trade partner of Vietnam, with two-way trade hitting US$29.1 billion in the first six months of this year.
Vietnamese firms should step up efforts to boost exports to the European Union (EU) despite facing several difficulties, a senior official has said.
VOV.VN - President Tran Dai Quang’s visits have contributed to deepening Vietnam’s relations with Russia and Belarus, said Deputy Foreign Minister Bui Thanh Son in a recent interview given to the media about the outcomes of the trips.
More European small-and medium-sized enterprises are finding Vietnam a favourable destination for investment in anticipation of the EU-Vietnam Free Trade Agreement and a new law supporting small-and medium-sized firms.
VOV.VN - The Vietnam Cashew Association has forecast exports for 2017 to rise 3.4% in volume and 5.6% in value against the figures for 2016 to US$3 billion on the back of higher sales in the European Union for the year.
VOV.VN -Deputy Minister of Labor, Invalids and Social Affairs Doan Mau Diep met on June 2 with Israeli Ambassador to Vietnam Meirav Elon Shahar in Hanoi to discuss cooperation, especially in labor.
A seminar highlighting opportunities and challenges from the Vietnam-EU free trade agreement for the agricultural sector was held in the Central Highland province of Dak Lak on May 30.
Up to 100,000 tonnes of Vietnamese rice will be shipped to the EU each year tax-free in 2018 following the Vietnam-EU Free Trade Agreement, helping local rice exporters penetrate the market.
To take full advantages of free trade agreements in general and the EU-Vietnam free trade agreement in particular, it’s important that Vietnam’s garment and textile products meet stiff rules of origin.
An expected rise in foreign direct investment and domestic demand will continue driving the local economy forward until next year.
Investment from the Republic of Korea (RoK) in Vietnam is being spread across a wider range of fields as Korean investors now consider Vietnam not only a for-export manufacturing workshop but also a potential consumption market.
Following the trend of many international groups that are leaving China, a number of Italian firms are shifting investments from China to Vietnam to benefit from cheap labour costs and the EU-Vietnam Free Trade Agreement.
Although Vietnamese apparel company movement toward the stock market is an inevitable trend in a market economy, only 30 businesses of the sector’s total of 6,000 have listed so far.
VOV.VN - Trade revenue between Vietnam and Eurasian Economic Union (EAEU), which comprises of Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan, reached US$4.3 billion, including US$2.7 billion of Vietnam’s exports in 2016, up 18% against 2015.