Hopes are growing that the EU-Vietnam Free Trade Agreement, which was approved by Vietnam’s National Assembly on June 8, will give a much-needed boost to Vietnam's economy, according to Japan’s Nikkei Asia Review.
The National Assembly passed resolutions ratifying the EU – Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA) at its ongoing ninth session in Hanoi on June 8.
The EU - Vietnam Free Trade Agreement (EVFTA) is expected to bring both opportunities and challenges for businesses, especially small-and-medium-sized enterprises (SMEs). This is why SMEs should fully understand the provisions of the EVFTA.
The enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) will promote export-import activities, thus bringing direct benefits to the country's logistics industry, experts have said.
It is businesses that decide whether the EU-Vietnam Free Trade Agreement (EVFTA) can bring about economic benefits, heard a seminar in Ho Chi Minh City on June 6.
The EU-Vietnam Free Trade Agreement (EVFTA) is awaiting approval of the Vietnamese National Assembly, which marks Vietnam’s great strides in international economic integration.
The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) are expected to create new momentum for the comprehensive cooperative partnership between the two sides, Vice Spokesman of the Ministry of Foreign Affairs Doan Khac Viet has said.
The Vietnam Chamber of Commerce and Industry (VCCI) said on May 27 it is actively promoting the dissemination of the EU-Vietnam Free Trade Agreement (EVFTA) among the country’s business community, helping them grasp opportunities and access incentives when the deal is implemented.
The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4 percent and 12 percent, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.
The EU-Vietnam Free Trade Agreement (EVFTA), to take effect shortly, is expected to make up for some of the losses Vietnam’s economy incurred during the COVID-19 pandemic, according to insiders.
Japanese daily Nihon Keizai ran an article on May 20 saying that the EU-Vietnam Free Trade Agreement (EVFTA), to be ratified by Vietnam’s legislature shortly, will benefit not only the two signatories but also businesses from other countries.
Vice President Dang Thi Ngoc Thinh presented the State President’s proposal to the National Assembly for ratifying the EU-Vietnam Free Trade Agreement (EVFTA) at the opening sitting of the 14th National Assembly’s ninth session on May 20.
The World Bank (WB) has issued several recommendations to help Vietnam enhance its international integration and capitalise on the EU-Vietnam Free Trade Agreement (EVFTA), which is expected to come into effect shortly.
The EU-Vietnam Free Trade Agreement (EVFTA) is expected to be ratified by the National Assembly (NA) on May 20, the first day of the 14th NA’s ninth session, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s brackish-water shrimp industry is confident of achieving its export target of more than 3.5 billion USD this year despite the host of difficulties posed by the COVID-19 pandemic, Minister of Agriculture and Rural Development Nguyen Xuan Cuong said.
Vietnam’s export value is expected to rise in the coming months thanks to China’s increase in imports, strong measures taken by the Vietnamese Government, ministries, agencies, and businesses, and the EU-Vietnam Free Trade Agreement (EVFTA).
The fact that nearly 35,000 enterprises have now withdrawn from the market three months after the COVID-19 outbreak first appeared in Vietnam reveals the huge impact it has had on business and production.
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