Vietnam must start monitoring and issuing carbon certificates to exporters and retailers in response to the EU's recently passed carbon levy, said industry insiders and policymakers.
The European Union (EU) and Singapore on February 1 signed in Brussels the EU-Singapore Digital Partnership (EUSDP) that will lead to a digital trade agreement to enable consumers and businesses to transact online more seamlessly and at lower costs.
Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union.
The European Union (EU) is expecting trade with Malaysia to recover to pre-pandemic levels by the end of this year, EU Ambassador to Malaysia Michalis Rokas has said.
Strengthening the connectivity between the European Union (EU) and the Association of Southeast Asian Nations (ASEAN) and deepening the bilateral economic ties will be one of the priorities of the 27-member union this year, according to EU Ambassador to ASEAN Igor Driesmans.
Thai Commerce Minister Jurin Laksanawisit will be in Brussels on January 25-26 to push for negotiations on a free trade agreement (FTA) with the European Union.
Commitments outlined in the EU-Vietnam Free Trade Agreement (EVFTA) on both trade and investment are expected to contribute to attracting European businesses and investors to expand their activities in Vietnam, further promoting trade and investment cooperation.
The trade turnover between Vietnam and the European Union (EU) reached 76.3 billion USD last year, a year-on-year increase of 5.1%, according to the European-American Market Department under the Ministry of Industry and Trade (MoIT).
The Vietnamese Government always values the development of traditional friendship with Portugal, Prime Minister Pham Minh Chinh told Portuguese Minister of Foreign Affairs Joao Gomes Cravinho during a reception in Hanoi on January 18.
The confidence of European enterprises in Vietnam’s economy declined for a second quarter but the S-shaped country still remains in the top five global investment destinations for their companies, the latest Business Climate Index (BCI) published by the European Chamber of Commerce in Vietnam (EuroCham) showed last week.
Indonesia and Malaysia have said that they could stop exporting palm oil to the European Union in response to a new EU law aimed at protecting forests by strictly regulating the sale of palm oil products.
Vietnam exported nearly 7.2 million tonnes of rice worth 3.49 billion USD last year, including many shipments navigating demanding markets such as Japan and the EU.
The Ministry of Industry and Trade (MoIT) on December 27 organised a conference to review the implementation of the EU-Vietnam Free Trade Agreement (EVFTA) over the last two years.
Due to a lack of knowledge about origin regulations, many Vietnamese firms have yet to optimise advantages from the EU-Vietnam Free Trade Agreement (EVFTA), which has been effective for two years and generated great benefits for both sides, according to insiders.
The volume of Vietnam’s pepper exports to important markets has decreased this year, but the country has retained its top spot in the global rankings, according to the Vietnam Pepper Association.
Prime Minister Pham Minh Chinh arrived in Hanoi on December 16 afternoon, concluding a successful trip to Europe during which he attended a commemorative summit in celebration of ASEAN-EU relations, and paid official visits to Luxembourg, the Netherlands and Belgium from December 9-15.
Prime Minister Pham Minh Chinh’s official visits to Luxembourg, the Netherlands and Belgium, and attendance in the ASEAN - EU Commemorative Summit were highly successful, Minister of Foreign Affairs Bui Thanh Son told the media.
Prime Minister Pham Minh Chinh and President of the Chamber of Representatives of Belgium Eliane Tillieux have agreed to promote cooperation and facilitate all-level visits between the two legislatures and offer mutual support at regional and global inter-parliamentary forums.
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