The challenges on market access, circulation of products, and tax in the Vietnamese market are expected to be solved ahead of the European Parliament’s crucial vote for the ratification of the EU-Vietnam Free Trade Agreement scheduled for early 2020.
The Vietnamese Government, for years, has been focusing on enhancing administrative reforms to improve the business environment, said Mai Tien Dung, Minister and Chairman of the Government Office.
Vinh Phuc province must improve the quality of its educational and training system to attract more foreign investment, heard a conference on November 27.
Many Vietnamese enterprises lack understanding about sustainable development goals (SDGs) and are not applying them to their business, Tran Thi Lan Anh, deputy general secretary of the Vietnam Chamber of Commerce and Industry, said at a forum held in Ho Chi Minh City on November 25.
The fact that hundreds of European business leaders gathered together for this event shows just how far Vietnam has come as an attractive destination for foreign trade and investment, said Nicolas Audier, chairman of European Chamber of Commerce (EuroCham).
A dialogue between the Ho Chi Minh City Customs Department and the European Chamber of Commerce (EuroCham) in Vietnam took place in Ho Chi Minh City on October 9 to discuss the implementation of the European Union – Vietnam Free Trade Agreement (EVFTA).
VOV.VN - Despite the EU-Vietnam Free Trade Agreement opening up a wealth of opportunities for Vietnamese businesses, it has also posed a number of challenges due to stringent regulations regarding the quality of goods and services necessary for the EU market penetration.
Improving quality and diversity of products as well as implementing commitments on food safety and traceability are key to make inroad into the European market, experts said at a forum in Hanoi on September 19.
According to experts, the boost in attractiveness of the Vietnamese market comes at a time when the business environment for drugmakers in neighboring countries has not been favorable.
VOV.VN - The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) has opened plenty of opportunities for the two sides to further step up trade and investment cooperation in the time ahead.
VOV.VN - High-quality standards and non-economic barriers set by EU importers could force local firms to make drastic innovations with the aim of meeting these requirements and seeking higher productive capacity.
VOV.VN - The Vietnam-EU Free Trade Agreement (EVFTA), a new-generation free trade agreement between Vietnam and 28 EU member countries, and the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP) are two FTAs with the broadest scope and the highest level of commitment Vietnam has ever signed.
A number of business conditions have been reduced or removed thanks to the Government’s efforts in improving the business environment and increasing national competitiveness.
Ho Chi Minh City is keen to cooperate with European businesses in building a smart city, Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen has said.
The European Chamber of Commerce in Việt Nam (Eurocham) highly values the potential of Việt Nam to become a centre for the research-based pharmaceutical industry including production, export and supplies of high quality healthcare services in the ASEAN region.
SMEs will be counseled on how to benefit the most from the newly-signed EU-Vietnam Free Trade Agreement.
VOV.VN - The EU-Vietnam Free Trade Agreement (EVFTA) is the first FTA that the EU has signed with a developing country in Asia. The newly-signed deal will bolster bilateral trade and investment of European businesses in Vietnam.
The year 2018 ends with several records, which are the highlights in the national economic panorama, laying the firm foundation for the country to strive to successfully implement the Resolution of the 12th National Party Congress and Resolution 142/2016/QH13 on the five-year socio-economic development plan for 2016-2020.
The year-end session of the Vietnam Business Forum will convene at Lotte Hanoi Hotel in the capital city on December 4, according to the Vietnam Chamber of Commerce and Industry (VCCI).
A ceremony to honour great contributions of European firms to Vietnam’s socio-economic development was held by the European Chamber of Commerce in Vietnam (EuroCham) in Vietnam on November 16 in Ho Chi Minh City.