The EU-Vietnam Free Trade Agreement took effect on August 1, 2020 (Photo: VNA) Long An (VNA) - Enterprises operating in the Mekong Delta province of Long An received updates on the EU-Vietnam Free Trade Agreement (EVFTA) and international economic integration in general at a conference hosted by the provincial People’s Committee on October 9.
Ngo Chung Khanh, deputy head of the Ministry of Industry and Trade (MoIT)’s Multilateral Trade Policy Department, briefed those in attendance on the policies and views of the Party and the State on international economic integration as well as instructions for implementing key contents of new-generation FTAs, including the EVFTA and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Addressing the event, Vice Chairman of the provincial People’s Committee Nguyen Van Ut highlighted the significance of the signing of the EVFTA, saying that it contributes to accelerating economic restructuring, changing growth models, and creating favourable conditions for businesses to join newly-formed value chains in partnerships between Vietnam and other countries worldwide.
The deal also opens up more opportunities for Vietnamese businesses in general and those in Long An in particular to expand export markets./.
VNA
