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 logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories.
National Assembly (NA) deputies officially ratified the Europe-Vietnam Free Trade Agreement (EVFTA) and the Europe-Vietnam Investment Protection Agreement (EVIPA) on June 8 morning.
Vietnam’s pushback of the COVID-19 pandemic has helped shrimp exporters raise their competitiveness on the world market, overtaking competitors such as India and Ecuador, which are still struggling with the outbreak and not yet able to return to normal production.
In order to take advantage of the Europe-Vietnam Free Trade Agreement (EVFTA), Vietnamese enterprises should pay more attention to intellectual property rights.
The European agriculture producers are expecting the EVFTA to take effect soon as it will pave the way for their agricultural products to enter the Southeast Asian market.