The latest Business Climate Index (BCI) unveiled by the European Chamber of Commerce (EuroCham) in Vietnam on February 3 indicates that EU companies in Vietnam ended 2020 with overall optimistic view about the country's’s business climate.
Effectively exploiting the Polish market is one of the ways to help Vietnamese goods make inroads into the EU market, experts told a workshop held by the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) on January 28 on the prospects for Vietnam’s exports to the EU through the Polish gateway.
Ho Chi Minh City is removing legal bottlenecks to the housing market and the COVID-19 pandemic is under control, factors that will revive its construction materials market whose annual peak season begins in the first quarter.
Vietnam’s footwear sector is now beginning to see positive signs after export revenue for footwear and handbags fell 11 percent year-on-year to 19.5 billion USD in 2020, making it one of the sectors hardest hit by COVID-19.
Vietnamese tuna appears ideally placed to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA), with shipments rising 0.5 percent year-on-year to 126 million USD during January-November despite COVID-19.
The Ministry of Industry and Trade (MoIT) and the Ministry of Trade, Industry and Energy of the Republic of Korea (RoK) recently signed an exchange letter on the implementation of the cumulation of origin of textile between the two nations under the EU-Vietnam Free Trade Agreement.
Leaders of European businesses in Vietnam were more positive about their firms’ performance in the third quarter of 2020, according to the Q3 Business Climate Index (BCI) released by the European Chamber of Commerce (EuroCham).
Connectivity between banks, businesses, and farmers in value chains is essential for Vietnamese goods to enter the EU market, a workshop in Hanoi on November 20 heard.
After a gloomy period due to the COVID-19 pandemic, the construction materials market in HCM City started to flourish again in the third quarter as the peak construction season began and demand from some export markets recovered.
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.
Export turnover of leather and footwear is likely to rise again in the fourth quarter of this year, according to the Ministry of Industry and Trade (MoIT).
Batches of tra fish products manufactured under a high-tech production process have been shipped to the EU, South America, ASEAN, China, and the Middle East by a company based in the Mekong Delta province of An Giang.
A host of measures have been suggested for the agriculture sector to reach the target of 40 billion USD in export revenue this year, given the impact of COVID-19 and now natural disasters.
Two months after taking effect, the EU-Vietnam Free Trade Agreement, has brought back several opportunities for Vietnamese exporters. The export growth means Vietnam has made a good use of tariff incentives to expand export markets.
Vietnam’s shrimp exports are forecast to reach 3.7 billion USD this year, posting an year-on-year increase of 9.8 percent, fuelled by the EU – Vietnam Free Trade Agreement (EVFTA) which facilitated export to the EU markets, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
A delegation led by Vietnamese Ambassador to Romania Dang Tran Phong visited Neamt county, the capital of Romania’s northeastern region, from October 14 to 17 to promote economic cooperation and cultural exchange between the two countries.
The EU-Vietnam Free Trade Agreement (EVFTA), two months after taking effect, has brought back several opportunities for Vietnamese exporters, said Deputy Minister of Industry and Trade Tran Quoc Khanh at a conference held in Ho Chi Minh City on October 17.
Vietnam is continuing its institutional reform commitments made in the historic EU-Vietnam Free Trade Agreement (EVFTA) in an aim to boost exports of agricultural products and attract more investment from the EU trading bloc.
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