The European Parliament (EP)’s Committee on International Trade (INTA) adopted recommendations for the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (IPA) in Brussels on January 21.
Foreign investors, especially those from the European Union (EU) would find it more appealing to land investment in Vietnam when the EU- Vietnam Free Trade Agreement (EVFTA) takes effect, according to German broadcaster Deutsche Welle (DW).
Vietnam has to spare no effort to achieve economic growth of 6.8 percent and keep inflation rate of below 4 percent in 2020 amid global political uncertainties, said the Vietnam Institute for Economic and Policy Research (VERP) at a workshop in Hanoi on January 16.
International free trade agreements such as the CPTPP and the EU-Vietnam Free Trade Agreement have opened up unprecedented opportunities for Vietnamese steelmakers with the industry forecast to see robust growth.
Vietnam’s wood exports this year are set to reach up to 11.5 billion USD, exceeding the industry’s own target of 10.5 billion USD, a 20 percent increase compared to last year.
One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.
The EU is a potential market for Vietnam's shrimp industry next year because it is the largest shrimp market in the world, while the shrimp production of this bloc has not met its demand, according to domestic seafood experts.
The Vietnamese Government is willing to create favourable conditions for Nike to operate in the long run in Vietnam, Deputy Prime Minister Vuong Dinh Hue said while receiving Nike Vice President Chris Helzer in Hanoi on December 17.
Deputy PM and FM Pham Binh Minh had bilateral meetings with officials from the foreign ministries of Romania, Kazakhstan, Spain, Ireland and Bulgaria on December 16.
Vietnam always treasures relations with the European Union (EU), and is willing to discuss with the bloc issues of mutual concern, said Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh on December 15.
Vietnam and Germany’s Sachsen-Anhalt State havegreat potential for cooperation in various fields such as renewable energy, vocational training, chemical production and machinery manufacturing, said Ambassador to Germany Nguyen Minh Vu.
The Vietnamese Government, for years, has been focusing on enhancing administrative reforms to improve the business environment, said Mai Tien Dung, Minister and Chairman of the Government Office.
Vietnam’s foreign trade turnover is likely to surpass 500 billion USD in 2019, Deputy Minister of Industry and Trade Do Thang Hai said at a press conference in Hanoi on December 12.
Vietnam’s import-export turnover is likely to surpass 500 billion USD in 2019 despite declining demand in the world market, heard a regular press conference in Hanoi on December 12.
Vietnam attaches much importance to the relations with Germany, its key partner in the Europe as well as the European Union (EU), Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh said on December 5.
Vietnam’s aquatic export revenue is estimated to reach 778 million USD in November this year, pushing the total earnings in the first 11 months of 2019 to about 8 billion USD.
A Vietnam-Czech Republic trade promotion seminar was held in Prague, the Czech Republic on November 28 to help enterprises from both sides seek investment and cooperation opportunities, contributing to promoting their bilateral economic and trade partnership.
The Viet Tan terrorist organization has made use of the internet, especially social media, to conduct propaganda and entice people to join its disguised groups on the internet.
Vietnam’s gross domestic product (GDP) is forecast to expand 7 percent during 2021-2025 on the back of new-generation free trade agreements, according to the Ministry of Planning and Investment’s National Centre for Socio-Economic Information and Forecast (NCEIF).
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