The Agency of Foreign Trade under the Ministry of Industry and Trade, and the ASEAN Secretariat on March 25 opened a joint session of ASEAN and Korean experts on the transposition of ASEAN-Korea Free Trade Agreement (AKFTA) product specific rules from harmonised system codes HS 2017 into HS 2022.
Vietnamese enterprises need to meet quality requirements and rules of origin, increase value-added content, and diversify markets, as production and business activities are forecast to face many challenges due to the unpredictable global economy and climate change.
Japan has very strict import standards, but if Vietnamese goods manage to meet those rules, they will be able to enter not only this demanding market but also most of other markets in the world, said Vietnamese Trade Counsellor in Japan Ta Duc Minh.
A report on the Regional Comprehensive Economic Partnership (RCEP)’s impacts on the shaping of supply chains in Vietnam was released by the National Centre for Socio-Economic Information and Forecast (NCIF) and Konrad-Adenauer-Stiftung Vietnam on November 10.
Australia is a potential export market but also poses risks of trade remedy investigations, so enterprises should stay well-informed to avoid risks, head a recent seminar held in Ho Chi Minh City.
Export and import management agencies nationwide granted 420,000 certificates of origin (C/O) for 21 billion USD worth of goods shipped to the markets Vietnam has signed free trade agreements (FTAs) with in the first four months of 2021.
The recently-signed Regional Comprehensive Economic Partnership (RCEP) agreement will create opportunities for Vietnam’s agricultural products to extend their reach in the region and the world, experts have said.
Vietnamese enterprises should be well-prepared to enhance shipments to the UK, particularly after the UK-Vietnam Free Trade Agreement took effect on December 31, 2020, according to insiders.
Vietnam needs to strengthen measures to achieve the sustainable development of seafood exports to the EU market, especially after the EVFTA comes into effect, according to experts.
Quality standards, rules of origin, and legal aspects are said to be among the barriers Vietnamese businesses will have to overcome to gain a foothold in the European market under the EU-Vietnam Free Trade Agreement (EVFTA).
The EU-Vietnam Free Trade Agreement (EVFTA) is expected to provide a host of opportunities to Vietnamese enterprises to bolster their exports, but they must also meet strict requirements in order to fully capitalise on the deal, insiders have said.
A new trade agreement between Vietnam and Cuba officially came into force earlier this month, and is expected to help bring bilateral economic, trade and investment ties on par with their sound political relationship.
To take advantage of free trade agreements and expand exports, meeting rules of origin is crucial for the garment and textile sector, industry insiders have said.
Vietnamese businesses should prepare to deal with potential trade barriers that could arise early next year when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect, experts have said.
Whether Vietnamese enterprises can cash on the opportunity brought by the CPTPP to increase exports of garments, footwear, timber products, and beverages depends on their preparation, experts said.
The Ministry of Industry and Trade has announced amendments to the rules of origin under the ASEAN-China Free Trade Agreement (ACFTA), which will take effect on September 12.
The EU-Vietnam Free Trade Agreement would provide a big impetus to Vietnam's exports to the EU and be key to Vietnamese companies penetrating one of the largest and most lucrative markets in the world, experts have said.
A draft circular on "Made in Vietnam" products is expected to help genuine businesses avoid accusations of fraud, said a representative of the Ministry of Industry and Trade.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will bring more opportunities than challenges to businesses, so they should swiftly make use of this deal to promote export, heard a workshop in Ho Chi Minh City on March 26.
Vietnam and Israel reached progress during the fifth round of negotiations on a free trade agreement (FTA) between the two nations which was recently held in Jerusalem city.