evfta

Update news evfta

Vietnamese businesses ready to exploit EU market under EVFTA

Vietnamese enterprises’ awareness of EVFTA has been heightened significantly, and they have prepared to grab business opportunities and find a foothold in the supply chain.

VN Trade Ministry sets up working groups for EVFTA

The Import and Export Department under the Ministry of Industry and Trade has set up different working groups to implement the the EU-Viet Nam Free Trade Agreement (EVFTA).

 

WB: EVFTA could lift Vietnam’s exports by 12 percent by 2030

The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4 percent and 12 percent, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.

Vietnam to help local firms cope with trade remedies

The Vietnamese Ministry of Industry and Trade (MoIT) is planning to increase the number of training courses it organises on trade remedies for the domestic production industry.

 

World-famous resilience keeps up M&A appetite

Although the current pandemic is spreading rapidly in many countries and causing severe damage to the global economy, Vietnam continues to effectively control the situation while ensuring that economic activities are not interrupted.

EVFTA implementation requires local firms to thoroughly grasp regulations

Businesses and management agencies should be fully aware of the regulations and rights included within the EU-Vietnam Free Trade Agreement (EVFTA) before the trade deal fully comes into effect.

Commitment level of tariffs in new-generation FTAs comes under scrutiny

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 

Vietnam in favourable position in new int’l economic order thanks to EVFTA: expert

Associate Professor, Dr. Chu Hoang Long from the Australian National University (ANU) on May 23 expressed his belief that the EU-Vietnam Free Trade Agreement (EVFTA), once effective, will boost two-way trade thanks to eased tax barriers.

Vietnamese businesses ready to be connected with “avenue” EVFTA

Economic cooperation between Vietnam and the European Union (EU) is about to turn a new page in history as the Vietnamese National Assembly is moving very close to ratifying the EU-Vietnam Free Trade Agreement (EVFTA).

National Assembly discuss EVFTA's implementation

Vice President Dang Thi Ngoc Thinh said the EVFTA was a comprehensive and fair deal that represented both Vietnam and the EU's rights and interests at a National Assembly meeting on Wednesday in Hanoi.

 

Proposal for ratification of EVIPA submitted to National Assembly

Vice President Dang Thi Ngoc Thinh presented a proposal from the State President to the National Assembly (NA) for ratifying the EU-Vietnam Investment Protection Agreement (EVIPA), at the ninth session of the 14th NA in Hanoi on May 20.

First working day of 14th National Assembly’s ninth session

The 14th-tenure National Assembly (NA) started its 9th session in Hanoi on May 20 in the form of a teleconference.

Decisive reforms needed for Vietnam to realize full benefits of EVFTA: WB

The EU-Vietnam trade deal is the largest new-generation free trade agreement in Vietnam’s history in terms of direct benefits.

National Assembly commences ninth session

The 14th-tenure National Assembly (NA) opened the ninth session in Hanoi on May 20 morning.

Some local banks to recover fast after the epidemic

If the the epidemic is contained by the second quarter of 2020, the profits of some commercial banks may recover from 2021.

Is European capital targeting Vietnam’s banks?

JP Morgan says Vietnam’s banks are an outstanding investment opportunity in Southeast Asia, while a report from Bao Viet Securities says the banking sector is very promising.

VN National Assembly to ratify EVFTA shortly

The EU-Vietnam Free Trade Agreement (EVFTA) is expected to be ratified by the National Assembly (NA) on May 20, the first day of the 14th NA’s ninth session, according to the Ministry of Industry and Trade (MoIT).

Deals promise greater mid-term investments

The National Assembly Standing Committee has agreed to stage a vote on adoption of two hallmark bilateral trade and investment agreements between Vietnam and the EU,

Vietnam has high hopes for investments from Europe after EVFTA ratification

Vietnam is looking forward to receiving high-quality investments from Europe once the EU-Vietnam FTA (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) take effect.

EU - Vietnam FTA a challenge for garment sector

Vietnam’s garment sector will face a host of challenges from the EU - Vietnam Free Trade Agreement, with the greatest being a shortage of raw material supplies.