Update news EU

EVFTA expected to be ratified in 2020

The European Union and Vietnam are completing procedures related to the EVFTA and expect to ratify the deal next year, opening up new opportunities for both sides, according to Giorgio Aliberti, new ambassador of the EU to Vietnam.


Vietnam’s exports subject to 154 trade probes in 9 months

The 154 trade probes against Vietnamese goods are initiated in 19 countries and territories, including the US with 30 cases, Turkey with 21, India with 20 and the EU with 14, among others.

Vietnamese finance market braced for remarkable EVFTA impacts

The EU has a strong financial services market and the EVFTA will have a significant impact on the Vietnamese economy and finance market.

US remains Vietnam’s largest aquatic export market

Vietnam’s aquatic exports to the US reached US$ 1.08 billion during the first nine months of the year, despite a sharp decline in export value against the same period last year, according to the General Department of Vietnam Customs.

Vietnam calls for stronger international cooperation in cybersecurity

Vietnam wants to learn from international experience in cyber security, and stands ready to cooperate with international law enforcement agencies and organisations in this sphere, Minister of Public Security General To Lam has said.

European language festival set for Hanoi in October

Council of Europe: The 9th European Day of Languages to be held on the afternoon of October 19.

EU enhances inspections on Vietnam’s agricultural products from Sept 1

The European Union (EU) began strict phytosanitary inspections on agricultural imports, including those originating from Vietnam, from September 1, according to the Plant Protection Department.


Unilateral actions in East Sea weaken regional maritime security: EU

Unilateral actions in the East Sea have deteriorated maritime security environment in the region, said a European Union spokesperson in a statement on August 28.



EU grants 100,000 EUR to flood victims in Vietnam

The European Union (EU) on August 28 granted 100,000 EUR as relief aid to local residents effected by severe floods earlier this month in Central Highlands and Mekong Delta provinces.


Identifying opportunities for Vietnamese firms in the context of EU trade deal

The EU-Viet Nam Free Trade Agreement would provide a big impetus to Vietnam's exports to the EU and be key to Vietnamese companies penetrating one of the largest and most lucrative markets in the world.


Policy reform is key to unlock Vietnam's M&A future

As new policies and trade deals change the focus of M&A inflows to Vietnam, the government needs to remove legal barriers and push SOE divestment.

EVFTA boosts bilateral trade between Vietnam and EU member states

The EU-Vietnam Free Trade Agreement has been inked, and is expected to usher in immense opportunities for Vietnam to expand its trade and investment ties with EU member states.


EU believes in positive impact of trade deal with Vietnam

Members of the European Union (EU) have expressed their belief in the positive impact that the bloc’s free trade agreement with Vietnam (EVFTA) will have on bilateral trade relations.


VN garment and footwear firms will have to wait for EVFTA benefits

Textile, garment and footwear products made in Vietnam will not enjoy immediate tariff cuts after the EU-Viet Nam Free Trade Agreement (EVFTA) comes into effect.

Apparel sector urged to develop supporting industry to optimise EVFTA

Insiders have recommended Vietnam pay attention to developing weaving and other production activities supporting the textile-garment sector to make best use of the EVFTA, a freshly-inked free trade agreement with the EU.

PM Nguyen Xuan Phuc witnesses signing of Vietnam-EU FTA, IPA in Hanoi

Prime Minister Nguyen Xuan Phuc witnessed the signing of the Vietnam-EU Free Trade Agreement and the Investment Protection Agreement in Hanoi on June 30.

Vietnam takes actions to have EC yellow card removed

Vietnam has taken steps to prevent its fishermen from illegally fishing in foreign waters to meet the EC’s yellow card regulations on unidentified origin products.

Vietnam’s agricultural sector to face fierce competition

Local firms are set to face fierce competition from EU imports thanks to two upcoming agreements between the two sides.


EU to sign framework participation agreement with Vietnam

The EU will soon sign a Framework Participation Agreement (FPA) with Vietnam to establish the Southeast Asian nation’s participation framework in the bloc’s crisis management activities, said a senior official.


EU, Vietnam to ratify “ambitious” EVFTA by end of 2019: HSBC

It is estimated that the EU-Vietnam FTA (EVFTA) will add 0.1 percentage point (ppt) on average to Vietnam’s real GDP growth each year based solely on its trade impacts.