HCM City’s index of industrial production (IIP) has failed to gain any momentum this year due to COVID-19, falling 5.4 percent year-on-year in the first eight months, the municipal Department of Industry and Trade has reported.
More than 7,200 EUR.1 certificates of origin (C/O) have been issued for exports worth 227 million USD to 28 members of the EU since the EU-Vietnam Free Trade Agreement (EVFTA) took effect last month, according to the Ministry of Industry and Trade (MoIT).
Authorities in the German city of Hamburg and German businesses in general have expressed their interest in the potential the Vietnamese market holds and their belief that the EU-Vietnam Free Trade Agreement (EVFTA) will help open up more opportunities for German companies in the country.
Bilateral and multilateral economic cooperation agreements Vietnam has signed have enabled the Hoa Phat Group’s Hoa Phat Steel Sheet Co. Ltd to penetrate into many new markets and promote exports.
Vietnam Rice Company Limited (Vinarice) of Vinaseed – a member of The PAN Group, has obtained the certificate of food safety management systems (FSSC 22000) for processing, packaging and distribution by Bureau Veritas – the UK's leading independent organisation for certification.
Having recognised the advantages for exports created by the EU-Vietnam Free Trade Agreement (EVFTA), Hanoi has designed a number of measures to make full use of the opportunities it brings about.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has said that seafood exports to Europe have seen many positive signs since the EU-Vietnam Free Trade Agreement (EVFTA) came into effect at the beginning of this month.
The golden time for Vietnam to promote its rice brand will come once the country is able to promptly expand production of ST25 rice in line with a safe process, according to rice exporters.
Vietnam’s rice exports to the EU remain modest, at about 20,000 tonnes in volume and 10.7 million USD in value in 2019, accounting for a small proportion of the bloc’s annual average rice consumption of 2.5 million tonnes in the 2016-2020 period.
After a sharp fall due to adverse impacts of the COVID-19 pandemic, wood export revenue has seen signs of recovery since June thanks to exporters’ efforts to adapt to the situation.
The EU–Vietnam Free Trade Agreement (EVFTA), which came into effect on August 1, not only opens up opportunities to spur Vietnam's economy but also offers new prospects to European economies at a time of global financial uncertainties, according to the German press agency DPA.
Wood and wooden product exports hit 1.05 billion USD in July, bringing the figure to 6.09 billion USD in the first seven months of this year, a year-on-year rise of 6.2 percent, the Ministry of Agriculture and Rural Development (MARD) has revealed.
Prime Minister Nguyen Xuan Phuc chaired a video conference on August 6 regarding the implementation of the EU-Vietnam Free Trade Agreement (EVFTA), during which he described the deal as a broad and modern expressway bringing the EU and Vietnam closer together.
Footwear exports were estimated to hit 9.53 billion USD in the first seven months of 2020, a year-on-year decline of 7.9 percent, according to the Ministry of Industry and Trade.
The Czech Ministry of Industry and Trade’s website mpo.cz has recently published an article titled “The Vietnamese market is opening up, a free trade agreement can save millions of crowns for Czech companies.”
The EU-Vietnam Free Trade Agreement (EVFTA), which came into force on August 1, is hoped to create a driving force to help Vietnam reap further achievements in poverty reduction and economic growth.
The EU-Vietnam Free Trade Agreement (EVFTA) strengthens EU economic links with Southeast Asia and will potentially contribute to its recovery after the coronavirus crisis, moderndiplomacy.eu quoted an EU official as saying in a story published on August 3.
The EU-Vietnam Free Trade Agreement (EVFTA) officially came into effect on August 1. It is the first FTA the EU has signed with a developing country in the Asia-Pacific region. The level of commitment Vietnam has made is the highest of any such agreement it has signed.
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