VOV.VN - Vietnam witnessed modest earnings from rice exports to the EU market as a result of high import duties and restrictions caused by limited rice quotas provided by the EU, according to the Ministry of Industry and Trade (MoIT).

VOV.VN - With the EU representing a meticulous market, there is no room for impatient businesses that show a lack of creativity or have poor-quality goods, meaning that local firms must be proactively innovative with their product quality.

The EU-Vietnam Free Trade Agreement (EVFTA) strengthens EU economic links with Southeast Asia and will potentially contribute to its recovery after the coronavirus crisis, moderndiplomacy.eu quoted an EU official as saying in story published on August 3.

VOV.VN - The opening seven months of the year saw leather and footwear exports only reach turnover of US$9.53 billion, therefore dropping out of the list of top ten export items exceeding US$10 billion which had been recorded last year.

VOV.VN - With the impending European Union-Vietnam Free Trade Agreement (EVFTA) poised to come into force in August, the country’s timber and wood exports to the EU are projected to enjoy greater breakthroughs due to the launch of preferential tariffs.

VOV.VN - July alone saw Vietnam enjoy a trade surplus of estimated US$1 billion, bringing seven-month trade surplus to US$6.5 billion, much higher last year’s figure of US$1.98 billion recorded during the same period.

VOV.VN - A total of 23 commodities recorded an export value of over US$1 billion during the opening seven months of the year, accounting for 87% of the country’s total export turnover, the General Statistics Office reported.

VOV.VN - Both Vietnam and the EU will launch a broad range of practical activities to effectively implement the European Union-Vietnam Free Trade Agreement (EVFTA) from August, with a forum on trade and industry co-operation with EU partners.

Flexible rules of origin in the European Union-Vietnam Free Trade Agreement (EVFTA) will help local plastic enterprises take full advantage of preferential tariffs when exporting to the EU market.

A submarine power cable project to supply electricity for Nhon Chau island commune, Quy Nhon city, the south central province of Binh Dinh, which is partly financed by the European Union (EU), is expected to be completed on August 8.