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Update news vietnam's ftas
The EFTA side highly appreciated Vietnam’s efforts and its market access proposals, while reaffirming the bloc’s traditional strengths in promoting private investment and technology transfer.
Vietnam and the EFTA member states agreed to continue handling differences flexibly and intensify negotiations, with the aim of concluding the FTA at the EFTA Ministerial Conference scheduled to take place in Iceland this June.
Prime Minister Pham Minh Chinh has issued a new decision assigning lead responsibilities to key ministries to drive the UK – Vietnam Free Trade Agreement (UKVFTA) forward.
Prime Minister Pham Minh Chinh has signed Decision No. 16/QD-TTg approving a plan to implement the Free Trade Agreement between Vietnam and Israel (VIFTA), aiming to ensure the agreement is carried out fully and effectively.
After the first day of discussions, both sides are working hard to narrow the remaining gaps and that the 18th round is progressing very positively.
To date, Vietnam has signed 16 FTAs with over 60 of the world’s major markets and three are under negotiation.
Vietnam has capitalised on the free trade agreements (FTAs) it has signed to bolster exports amidst weakening demand, high input costs, and inflation pressure across the globe, Minister of Industry and Trade Nguyen Hong Dien said on November 7.
Vietnam is taking measures to promote the negotiations of a free trade agreement (FTA) with the Southern Common Market (MERCOSUR), which is expected to be a driving force for Vietnam to tap the Latin American market.