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Update news evfta
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).
After long expectations, EU businesses now have unprecedented market access to Vietnam’s inland shipping services, which heralds a great deal more competition as well as mounting pressure on the local seaport infrastructure.
The Prime Minister has approved a plan to implement the EU-Vietnam Free Trade Agreement (EVFTA).
Vietnamese exporters can now make origin declarations for their shipments, valued at less than 6,000 euros (US$7,100) each, to the European Union as the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.
Consuming green organic farm produce is a growing tendency in Vietnam. Meanwhile, the scale of the sustainable agriculture remains modest.
Vietnam needs to reform its trade mechanisms while local businesses are advised to be more proactive to take advantage of the European Union - Vietnam Free Trade Agreement (EVFTA).
As demand is very weak now in the world market, Vietnam needs to respect every new opportunity to boost exports.
With the EU-Vietnam Free Trade Agreement coming into force, Vietnam’s investment and trade ties with the European Union are expected to receive a new boost.
Vietnamese enterprises have been urged to renovate their business strategies if they want to benefit from the EU-Viet Nam Free Trade Agreement (EVFTA),
The export of vegetables and fruits has resumed. And with the new EVFTA, Vietnam’s products have great advantages to be exported to the EU.
Effective in 2021, the amended laws on Enterprises, Investment, and Public-Private Partnership are expected to entail breakthrough changes to Vietnam’s business and investment landscape in the coming time,
The EU-Vietnam Free Trade Agreement, at its core, aims to liberalise both tariff and non-tariff barriers on key exports of both sides over a period of 10 years.
Vietnam is expected to continue growing its share of global exports despite decline amid the resurgence in the COVID-19 pandemic after three months of no local transmissions, according to an HSBC report.
The EU-Vietnam Free Trade Agreement (EVFTA), which came into force on August 1, is hoped to create a driving force to help Vietnam reap further achievements in poverty reduction and economic growth.
Experts have raised concerns that Vietnamese businesses are slow in preparing conditions to enjoy preferential tariffs in the Viet Nam-EU Free Trade Agreement (EVFTA).
The EU-Vietnam Free Agreement (EVFTA) is a giant leap for Vietnam in international integration.
Vietnam will continue to fulfill its international commitments so that it can take full advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and recover its economy amid a resurgence of COVID-19 pandemic.
The EU-Vietnam FTA (EVFTA) is expected to bring more opportunities to Vietnam’s enterprises to export products to the EU. However, it will be not easy for handicraft producers to obtain bigger market share there.
Vietnam’s logistics market has great opportunities to improve as the EVFTA has been inked and the country is receiving investment inflow from Europe.
Nearly all businesses are experiencing hardships because of Covid-19. However, this hasn't happened with startups in the HR industry. They are still receiving millions of dollars worth of funding.