Vietnamese apparel companies will not enjoy immediate tariff cuts after the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect, as they have to overcome strict rules of origin.

The National Assembly has passed the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement, ushering in a new economic, trade, and investment co-operation outlook for both Vietnam and the EU.

Minister of Industry and Trade Tran Tuan Anh has signed Circular 11/2020/TT-BCT about rules of origin in the European Union – Viet Nam Free Trade Agreement (EVFTA).

The opening of the domestic market as committed in the EU – Vietnam Free Trade Agreement (EVFTA) will lead to the strong penetration of foreign businesses to expand their retail chains in the country.

Although Vietnam’s adoption of trade and investment agreements with the European Union are expected to be a boon for Vietnam, it triggers a need for the country to continue intensifying regulatory reforms

Vietnam’s litchi can now be exported to the Japanese market, and dragon fruit to India.

The overwhelming positive vote of the Vietnamese National Assembly on the EU-Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA) confirms the strong Vietnamese commitment

Although the Europe-Viet Nam Free Trade Agreement (EVFTA) is great news for Vietnamese businesses, they should not expect too much as the COVID-19 pandemic is still raging in Europe.

Ten laws and 21 resolutions were adopted at the just-concluded ninth session of the 14th National Assembly (NA) that lay the legal foundation for further fostering the country’s socio-economic development and international integration.

Enterprises should carefully study the “force majeure” clauses in contracts and consult experts in assessing their rights and obligations pertaining to the clauses to resolve any disputes on contract performance obligations

Diplomatic notes informing about Vietnam’s ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) were presented to the EU Delegation to Vietnam on June 18.

The European Union (EU)-Vietnam Free Trade Agreement (EVFTA) is expected to trigger high-quality FDI flows from Europe to the Southeast Asian country, said Vietnamese Trade Counsellor in Italy Nguyen Duc Thanh.

Vietnamese fruit exporters have been trying to stop their reliance on China, but no progress has been made in finding new markets.

Vietnam has puts high hopes on EVFTA, but the COVID-19 pandemic may make the path to realize its benefits a bumpy one.

Even as the European Union-Vietnam Free Trade Agreement (EVFTA), which will take effect from August 1, 2020, promises to bring about tremendous opportunities for businesses and consumers of both sides, 

Vietnam will be able to reap fruit from the EVFTA if it can improve the legal framework and enhance implementation capability.

Prime Minister Nguyen Xuan Phuc and his French counterpart Edouard Philippe discussed cooperation in fighting the COVID-19 pandemic and measures to promote bilateral relations during their phone conversation on Thursday.

Vietnam has condemned China’s reported laying of submarine cables in the Hoang Sa (Paracel) archipelago as illegal and invalid. 

The EU-Vietnam Free Trade Agreement (EVFTA) will not only help to raise export turnover but also increase the competitiveness of Vietnamese fruit and vegetables and fisheries products in the European market.

Starting from this year, investors from EU member states will for the first time be allowed to tender for many types of public projects in Vietnam under EU-Vietnam Free Trade Agreement commitments.