return icon Vietnamnet.vn

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).

 

 

The Import and Export Department will spread information about the EVFTA to the local associations and business communities. — Photo kythuatmoitruong.com

 

The department said it will deploy 25 tasks into five key working groups for the agreement.

The first group includes building and issuing legal documents. In detail, it will focus on building a circular on rules of origin of goods in the EVFTA in June; studies and exchanges with EVFTA's related agencies in ASEAN countries and South Korea for implementing the joint mechanism under the agreement.

The first group will also coordinate with the Ministry of Agriculture and Rural Development to guide the registration process of certifying export rice to the EU to enjoy preferential tariffs; research and develop regulations on refurbished goods as committed.

The second group is to take advantage of the EVFTA to boost exports with research on tastes and demand of EU consumers and the supply and production capacity in Viet Nam to clarify which products have best strengths to enjoy the preferential tariffs as early as the second quarter of 2020 so that they can have a good start after the EVFTA takes effect.

The third group will monitor the import and export of Vietnamese goods to the EU market, update new EU policies and management measures that may affect local exports; the situation of using EVFTA preferential origins and periodic reporting to have timely advisory measures to ensure the effectiveness in making the most of EVFTA's incentives.

The fourth group will take charge in communicating and spreading information about the EVFTA to the local associations and business communities so that they can understand the benefits of the agreement, and make the best preparations when joining the EU market.

The last working group is the strengthening of state management of the certification of origin and combating frauds of goods origin. The Import and Export Department will support Vietnamese enterprises in technical handling, implementation and review when required to check and verify origin from the EU in case of necessity to protect their main interests.

A representative of the department said: “To prevent origin fraud we will set up delegations to directly inspect and verify the originating at the manufacturing facility of the enterprise to ensure the implementation of the EVFTA’s rules of origin.” — VNS

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

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.

Vietnamese businesses ready to be connected with “avenue” EVFTA

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).

MORE NEWS

More foreign visitors to HCMC signals thriving tourist season

Roughly 100 French, American, German tourists traveled to Ho Chi Minh City on French Le Laperouse yacht of Ponant after the last visit in mid-November 2019 signaling a thriving tourist season.

First monkeypox infection detected in HCM City

The Ho Chi Minh City Department of Health has just announced the first reported case of monkeypox in Vietnam.

VIETNAM BUSINESS NEWS OCTOBER 3

2.97 billion USD in FDI poured into HCM City in 9 months

Trendy jobs in Vietnam

New and fashionable professions are being pursued by many young people. But not everyone is succeeding.

Shooting star targets bright future

After the retirement of senior champions, the Vietnam shooting team is now relying on its younger athletes, such as 18-year-old Phi Thanh Thao, who was recently nominated as Best Young Athlete of 2022 at the prestigious Victory Cup.

Hanoi needs world-class entertainment sites to lure tourists

According to experts, the lack of world-class amusement and entertainment zones is a big "hole" in Hanoi's tourism.

HCM City tightens management of food labelled 'organic'

Many families choose organic food though recently several supermarkets and e-commerce platforms had to apologise to consumers after non-organic food was labelled and sold as organic.

Vietnam win ticket to 2022 Futsal Asian Cup quarterfinals

Despite their defeat in the match against Japan on October 2, Vietnam’s national futsal team will advance to the quarterfinals in the 2022 Futsal Asian Cup as it ranked second in Group D.

Many parts of Vietnam saw increased fertility rates during pandemic

Fertility rates over the past two years increased across many localities in Vietnam, and it was even higher than the total replacement birth rate, said Director General of the General Department of Population and Family Planning Nguyen Doan Tu.

HCMC plans to eliminate 20,000 slum areas by 2025

According to the Ho Chi Minh City Department of Construction, over the past 20 years, the city has removed 36,000 slum areas along canals, but there are still about 20,000 of them.

Vietnam to have 33 new highways by 2030

With 33 highway projects totaling nearly 3,000 km long planned for construction in 2021-2030, a decade of busy expressway building is expected.

Viettel, VNPT lead Vietnam’s Top 10 most valuable brands

Four telecommunications brands of Vietnam have a total value of 13,136 million USD.

Floods kill eight in Nghe An, Ha Tinh

Heavy downpours and floods in the north central region claimed the lives of eight people in Nghe An and Ha Tinh provinces as of 5:30pm on October 2.

Localities urged to rectify flaws in fishery sector

With the visit of the European Commission’s delegations ahead, Vietnam’s ports and fishers are aiming to remedy the previously criticised issues regarding international fishing regulations.

Market likely to continue to correct this week

Analysts said that in the current environment, financial markets will be very likely to continue revaluing.
back_to_top