After a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations.
With a scale of nearly 180 billion USD and an annual two-digit growth rate, the Vietnamese consumer retail market is being squeezed by foreign investors.
Vietnam’s leather and footwear industry should improve its supply chain performance to take advantage of the milestone trade deal that the country has signed with the EU and to recover from the effects of the COVID-19 crisis, speakers said at a recent international footwear conference.
Vietnam is in need of major investors in fruit and vegetable production in order to boost processing, especially in the packaging and post-processing stages, to preserve products for longer and enhance their value.
Vietnam holds great potential in food value chain development with a large consumption market and high export values, especially as the country is a member of various free trade agreements (FTAs), heard a seminar held in Hanoi on January 14.
Trade defence measures both support the protection of domestic production and employment and reduce the dependence on imported goods, said an official from the Ministry of Industry and Trade.
Vietnam attaches importance to the traditional relationship with Germany and wishes to further enhance bilateral collaboration, especially in economy and trade.
Promoting gender equality through the revision of the Labour Code will serve as a base for Vietnam to improve productivity and its competitive edge, as heard at a workshop in Hanoi on October 19.
The Vietnamese Government is making concerted efforts to improve business climate for both domestic and foreign enterprises, including those from the Europe, Prime Minister Nguyen Xuan Phuc said on October 17.
The business members of the European Chamber of Commerce in Vietnam (EuroCham) are optimistic about the Europe-Vietnam Free Trade Agreement (EVFTA)’s impacts on Vietnamese economy, with nearly 80 percent predicting a rosy future.
A symposium on economic cooperation opportunities between the southern central province of Phu Yen and the European Union was opened in Tuy Hoa city on March 15.
President Truong Tan Sang
received visiting Slovakian Deputy Prime Minister and Minister of
Foreign and European Affairs Miroslav Lajcak in Hanoi on November 4.
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