Vietnamplus

Thailand and the EU have agreed to pursue free trade agreement (FTA) negotiations in the first quarter this year, after nearly a decade of stagnation.

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.

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 has stated that the Vietnamese Government commits to creating a pro-business environment and fine-tuning legal regulations in support of enterprises.

Italian news website La Città Futura has run a story highlighting the important role of Vietnam as a bridge for the strategic partnership between the EU and ASEAN, on the occasion of Prime Minister Pham Minh Chinh’s participation in the ASEAN-EU Summit commemorating the 45th anniversary of their relations.

An article published on Belgium’s brusselstimes.com on December 12 hailed Vietnam as a sustained development partner and destination of foreign investment for the European Union (EU) in Southeast Asia.

Vietnam always attaches importance to comprehensive cooperation and partnership with Luxembourg, a founding and important member of the European Union, said Prime Minister Pham Minh Chinh during talks with his Luxembourg counterpart Xavier Bettel on December 9 (local time).

A seminar on how to fully tap the benefits of imports and investment from the EU – Vietnam Free Trade Agreement (EVFTA) was held by the Cong Thuong (Industry and Trade) Magazine on December 6.

President of the French Senate Gérard Larcher has said his upcoming visit to Vietnam demonstrates France’s close relations with the Southeast Asian nation as well as France’s confidence in their bilateral cooperation and friendship.

The 30th anniversary of the Vietnam-Israel diplomatic relations in 2023 opens the door for the Vietnamese Embassy in the Western Asian nation to step up economic-diplomacy-related activities, especially promoting the early approval of a bilateral free trade agreement, affirmed Ambassador Ly Duc Trung.

Thanks to the UK-Vietnam Free Trade Agreement (UKVFTA), Vietnam’s agro-forestry-fishery exports to the European nation now enjoy many advantages which, however, also come with several challenges.

A conference was held in Tam Ky city of the central province of Quang Nam to seek ways to exploit promising and niche markets in the European Union (EU) basing on advantages from the Vietnam-EU Free Trade Agreement (EVFTA) and connections with international distribution systems.

Vietnam and Hong Kong (China) have enjoyed fruitful trade and investment partnership despite impacts of the COVID-19 pandemic, according to head of the Vietnamese Trade Office in Hong Kong Vu Thi Thuy.

Deputy Prime Minister Le Minh Khai hosted a reception for a Swiss business delegation led by Andreas Gerber, head of Small- and Medium-sized Enterprise (SME) Business Switzerland, in Hanoi on November 11.

Vietnamese enterprises can expand export markets to South American countries through Chile, Vietnamese Ambassador to Chile Pham Truong Giang told the Vietnam News Agency.

A Vietnamese business delegation made a trip to Israel on November 3-4 during which they attended a Vietnam-Israel conference on production and trade cooperation in Tel Aviv.

The Vietnamese Ministry of Public Security and legal enforcement agencies of the Czech Republic have been working closely together to fight crimes, especially trans-national, hi-tech, drug, and human trafficking crimes while taking measures to protect citizens of each country, said Minister of Public Security Gen. To Lam.

Loc Troi Group, a leading provider of agricultural services and products in Vietnam, has so far got orders to export 400,000 tonnes of rice to the European Union (EU) market in 2023, according to a representative of the company. ​