The International Labour Organisation (ILO) has welcomed the signing of the EU-Việt Nam free trade agreement (EVFTA) on 30 June in Hanoi, which promotes the respect for fundamental labour rights as a basic condition for fair international trade.

Aquatic products are subject to a lot of incentives in the European Union – Vietnam Free Trade Agreement (EVFTA), according to experts.

The EU-Vietnam Free Trade Agreement (EVFTA) is expected to put pressure on Vietnamese enterprises to increase their competitiveness in order to make inroads into the European market.

The government will create favourable conditions for businesses to access opportunities created by the EU-Vietnam FTA, Minister of Industry and Trade Tran Tuan Anh said at a press conference after the signing of the EVFTA. 

VOV.VN - Vietnam and the European Union signed free trade and investment protection agreements in Hanoi on June 30 after years of negotiations with Prime Minister Nguyen Xuan Phuc and EU Commissioner for Trade Cecilia Malmström in attendance.

The VN-Index of the Hochiminh Stock Exchange is forecast to come under further downward pressure next week, according to Bao Viet Securities Company.

More than 51 million Vietnamese access the internet, social media and apps through their smartphones daily, according to a recently released report by Appota Corporation.

Investment in Vietnam from the Republic of Korea (RoK) is expected to rise further, increasing demand for labour, according to the Korea Trade-Investment Promotion Agency (Kotra).

The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), which are set to be signed in Hanoi on June 30, will help to improve Vietnam’s position in the global economy, an expert from the Australian National University (ANU) has said. 

Consumer price index of Ho Chi Minh City in June  decreased by 0.04 percent  compared to that of May and increased by 3.79 percent year-on-year, said the municipal Statistical Office on June 29. 

Vietnam’s insurance industry maintained positive growth in the first half of this year, with total revenue surging by 24.35 percent year-on-year to nearly 71.15 trillion VND (3 billion USD), the Ministry of Finance’s Insurance Supervisory Authority (ISA) has reported.

VOV.VN - Vietnam and Bangladesh are forecast to reap benefits from becoming alternative sourcing destinations as the fashion sector is reckoned the most exposed amid an escalating US - China trade war with the US tariff threat of additional US$300 billion of Chinese imports, according to Fitch Solutions analysts.

Once the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, over 99 percent of tariff on goods from both sides will be lifted, thus helping to improve competitiveness as well as market share of Vietnamese products in the EU market, a Vietnamese official has said. 

Many European businesses said Vietnam would be a feasible investment destination after the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Promotion Agreement (EVIPA) come into force, Helena Konig, EU chief negotiator and Deputy Director General for European Trade, said on June 28. 

Czech experts have shared their views that the EU-Vietnam Free Trade Agreement (EVFTA) will bring about great opportunities for Vietnam and the Czech Republic to expand their economic and trade ties. 

The Ho Chi Minh Stock Exchange (HoSE) held the first trading session of covered warrants (CWs) on June 28, marking the debut of this type of securities product on the Vietnamese stock market.

The consumer price index (CPI) in the first  half of 2019 increased on average 2.64 percent against the same period last year, the lowest pace recorded over the past three years, General Statistics Office (GSO) General Director Nguyen Bich Lam announced on June 28. 

Vietnam and Norway hold potential of trading goods via electronic platform, experts said at a seminar held by the Ho Chi Minh City chapter of Vietnam Chamber of Commerce and Industry (VCCI) and Trading Foe company on June 28. 

Opportunities to boost trade and investment with Canada are promising since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect, experts said at a seminar held in Ho Chi Minh City on June 28. 

The Vietnamese economy will become a “tiger” of Asia in the next 10 – 20 years, Israeli professor Avishay Braverman said during a meeting with Deputy Prime Minister Vuong Dinh Hue in Hanoi on June 28.

There is still big room for Vietnam and Poland to expand their trade and investment cooperation, heard a workshop in Ho Chi Minh City on June 28. 

The EU – Vietnam Free Trade Agreement (EVTA) to be signed on June 30 in Hanoi will bring both opportunities and challenges to Vietnam, so domestic enterprises should be really prepared to take full advantages of benefits from the deal, said Sebastian Eckardt, lead economist of the World Bank (WB) in Vietnam.

Tariffs on imported products including fruit and frozen foods from six member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be reduced to zero backdated to January 14 this year to 2022.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will help create a more favourable environment for Vietnam and Mexico to bolster their economic, trade and investment ties, Vietnam’s Ambassador to Mexico Nguyen Hoai Duong said.

The agriculture sector posted a year-on-year growth of 2.39 percent in the first half of 2019, despite facing numerous difficulties like global economic slowdown, unfavourable weather, and the African swine fever.

Vietnam’s gross domestic product (GDP) expanded 6.76 percent, fueled by stable macro-economy, impressive rice exports, declining unemployment rate, and robust economic production, Director General of the General Statistics Office (GSO) Nguyen Bich Lam said at a press conference on June 28.

Vietnamese businesses poured nearly 200 million USD into 90 projects abroad in the first half of this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast that tra fish exports to the EU will increase by 20-35 percent in 2019.

Many investors from the Republic of Korea, Japan and China are looking to join the North-South Expressway project, according to Deputy Minister of Planning and Investment Vu Dai Thang.

VOV.VN - With the European Union – Vietnam Free Trade Agreement (EVFTA) to be officially signed on June 30, a wealth of opportunities are expected to open up for agricultural and seafood products, with shrimp exports to the European market in particular poised to receive a boost, according to the Ministry of Industry and Trade.