VOV.VN - Despite several industries being hard hit by the negative impact of COVID-19 epidemic, the agricultural sector is anticipated to enjoy a rebound thanks to export opportunities brought about by new-generation free trade agreements (FTAs).
VOV.VN - With tax incentives given, new-generation Free Trade Agreements (FTAs) Vietnam has signed are expected to open up a wealth of opportunities for the garment and textile industry to attract foreign direct investment (FDI) to develop local supply chains, according to insiders.
VOV.VN - Up to 99% of tariff lines with partner countries are poised to be eliminated over the course of the 10-year roadmap set out in new-generation trade pacts such as the EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to the Ministry of Industry and Trade.
VOV.VN - Vietnam will be able to maintain its high GDP growth if it can negotiate effective trade agreements, especially new-generation free trade agreements.
The participation in new-generation free trade agreements (FTAs) has proved to be a driving force for exports but also posed challenges for Vietnamese firms in meeting importers’ requirements and competing with foreign rivals right in the domestic market.