Vietnamese exporters in the steel and mechanic sectors expect to get easier access to the UK market following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA) last month.
VOV.VN - Vietnam's total import-export turnover enjoyed a surge of 5.1% to US$543.9 billion compared to 2019 despite facing numerous difficulties throughout 2020, with the country posting a trade surplus of US$19.1 billion, the highest level for five consecutive years since 2016, according to the General Statistics Office.
VOV.VN - Vietnam's participation in new-generation free trade agreements (FTAs) is anticipated to provide fresh impetus for greater co-operation in the fashion industry with the Netherlands, according to insiders.
Vietnam gained US$2.7 billion from shipping an estimated 1.7 million tonnes of coffee abroad in 2020, accounting for over 10% of the world’s coffee value and 18% of the market share, according to the Ministry of Agriculture and Rural Development (MARD).
Though 2020 is a challenging year for Vietnam with the rise of COVID-19, the 14th National Assembly (NA) has taken innovative approaches and managed to complete an enormous workload to fulfill all its three missions in lawmaking, supervision and major decision-making.
Workers, especially in industrial zones, are encountering dual challenges amid the COVID-19 pandemic: keeping their job in uncertain times while continuing to demand that their rights and entitlements remain protected, the deputy head of cooperation at the EU Delegation to Vietnam said.
Although the UK-Vietnam Free Trade Agreement (UKVFTA) inherits basic contents from the EU-Vietnam FTA (EVFTA), there remain differences between the two deals, said Vietnamese Trade Counsellor in the UK Nguyen Canh Cuong.
VOV.VN - A bilateral free trade agreement between the United Kingdom and Vietnam was signed in London on December 29 by representatives of the two countries.
The UK-Vietnam Free Trade Agreement (UKVFTA), expected to come into force in the beginning of 2021, is promising several export opportunities to the European market for Vietnamese garment-textile and footwear enterprises.
The Sputnik news agency of Russia recently published an article that reviewed commentaries on Vietnam posted by Russian and other countries’ press outlets, reflecting Vietnam’s COVID-19 combat and achievements in different areas, especially diplomacy and economy.