The European Trade Policy and Investment Support Project (EU-MUTRAP) has helped Vietnam further integrate into the global and regional trading systems while promoting Vietnam-EU trade and investment relations, said Deputy Minister of Industry and Trade Hoang Quoc Vuong.
Vietnamese leather and footwear exporters must comply with the EU-Vietnam free trade agreement’s rules of origin and be prepared to deal with EU barriers and anti-dumping measures.
Experts and businesses discussed ways to maintain and expand EU markets for Vietnam’s fruit and vegetable exports at a seminar in Ho Chi Minh City on October 9.
European consumers cannot recognise brand names of almost goods imported from Vietnam since many businesses have not been fully aware of the importance of building trademarks and have not complied with EU standards for exports, said Claudio Dordi, Technical Assistance Team Leader of the EU-MUTRAP Project.
The Ministry of Industry and Trade should further clarify weaknesses and bottlenecks in the current development of industries so as to have a better plan on industrial restructuring.
The upcoming free trade agreement between Vietnam and the European Union (EVFTA) will open new opportunities for Vietnam to access modern technologies and learn management skills.
More Vietnamese and foreign entrepreneurs are realising how they could benefit from investing in the environmental goods and services (EGS) sector in Vietnam, experts said at a forum on October 16.
Claudio Dordi, Chief Advisor of the EU-MUTRAP has suggested Vietnamese garment-textile and leather footwear businesses pay more attention to product origin rules and increase distribution channels.
Trade liberalisation for environmental goods and services has become the key to Vietnam's bilateral and multilateral negotiations, and international cooperation.