A ceremony was held on June 30 for the signing of the EU – Vietnam Free Trade Agreement and the EU – Vietnam Investment Protection Agreement. Prime Minister Nguyen Xuan Phuc witnessed the signing.
The signing of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) after years of negotiations will create new driving forces to lift the Vietnam-EU partnership to a higher level, said Deputy Foreign Minister Bui Thanh Son.
The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Promotion Agreement (EVIPA) are expected to help promote the comprehensive partnership and trade relations between Vietnam.
The EU-Vietnam Investment Protection Agreement (EVIPA) not only marks a new step of development in the Vietnam-EU partnership and comprehensive cooperation but also will help improve the quality of foreign investment flows into Vietnam, according to Minister of Planning and Investment Nguyen Chi Dung.
The EU-Vietnam Free Trade Agreement (EVFTA) will provide a cooperation framework, helping the two sides discuss regulations, simplify customs procedures and build a mechanism to address potential risks, according to Pascale Rouhier, Secretary General of the European Liaison Committee for Agricultural and Agri-Food Trade.
A dialogue took place in Hanoi on July 1 to discuss opportunities for Vietnamese enterprises resulted from the just-signed EU – Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA).
The EU-Vietnam Free Trade Agreement (EVFTA) helps ensure the access of German products to Vietnam, as well as investment of German entrepreneurs into this increasingly important market, according to a German official.
The European Union – Vietnam Free Trade Agreement (EVFTA), once taking effect, will benefit the agricultural sector of Vietnam which is leading the world in pepper exports and ranking second in terms of coffee exports, third in rice, fourth in seafood and fifth in wood and wood products.
European media continue to publish many articles presenting positive assessment of the recent signing of the free trade and investment protection agreements between the European Union (EU) and Vietnam.
After Vietnam signed a bilateral free trade agreement with the European Union (EU), many Japanese enterprises expressed their optimism about business opportunities that the deal could bring to the Southeast Asian market.