The Ministry of Industry and Trade (MoIT) has introduced a range of measures to boost the growth of support industries in a bid to promote the engagement of local companies in production chains.

The two important FTAs – CPTPP and EVFTA – all have strong commitments on tariff cuts, with the tariffs expected to be completely removed in 7-13 years.

Vietnam needs to strengthen measures to achieve the sustainable development of seafood exports to the EU market, especially after the EVFTA comes into effect, according to experts.

With all ministries and branches now having local government service platforms (LGSP) that connect to the national platform, data will be accessible by state agencies for reasonable use.

Experts believe that EVFTA will be an opportunity for Vietnam to speed up digital transformation, but say Vietnam needs to change its mindset.

The Government has directed the Ministry of Industry and Trade to coordinate with other relevant agencies to support local enterprises exporting rice to the European Union (EU) to make the most of EVFTA,

Vietnam is taking a number of actions to accelerate digital transformation to adapt to the global health crisis and to develop in the new normal.

Careful consideration must be given to developing appropriate standards for enterprises to improve their product quality competitiveness in the context of rapid and intensive international integration, experts have said.

Plenty of local firms have weathered the COVID-19 crisis by selecting niche markets and diversify products to enhance their competitiveness and gain access to the EU market.

Export turnover of leather and footwear is likely to rise again in the fourth quarter of this year, according to the Ministry of Industry and Trade (MoIT).

Although the market has not fully recovered, footwear and handbags export turnover is expected to return to growth in the fourth quarter of this year during the year-end shopping rush in European and American countries.

Although the market has not fully recovered, footwear and handbags export turnover is expected to return to growth in the fourth quarter of this year during the year-end shopping rush in European and American countries.

With great advantages and potential, the EU-Vietnam Free Trade Agreement (EVFTA) is expected to spur the digital economy and digital transformation in Vietnam.

Deputy Prime Minister and Foreign Minister Pham Binh Minh held phone talks on October 27 with the UK’s former Prime Minister Tony Blair, who is now Executive Chairman of the Tony Blair Institute for Global Change.

Two months after taking effect, the EU-Vietnam Free Trade Agreement, has brought back several opportunities for Vietnamese exporters. 

Two months since the effectiveness of the EVFTA, Vietnam has seen positive signals in its trade exchange with the EU despite the negative impacts of the COVID-19 pandemic.

More and more Vietnamese businesses can satisfy the requirements to export products to the EU, one of the world’s choosiest markets.

The Ministry of Finance (MOF) has proposed adding fertilizer to the list of products subject to VAT with a 5 percent tax rate.

With its annual growth of 12-14 per cent, the logistics sector, especially seaports, is becoming attractive to both domestic and foreign investors,...

Viet Nam is continuing its institutional reform commitments made in the historic EVFTA in an aim to boost exports of agricultural products and...