Economy and commerce
Vietnam ratifies EU free trade agreement
The National Assembly has ratified the EU-Vietnam Free Trade Agreement, which will cut or eliminate 99 percent of tariffs on goods traded between the two sides.The legislature on Monday also approved the EU-Vietnam Investment Protection Agreement. Up to 94.62 percent of lawmakers voted in favor ...
Anh Minh
Decisive reforms needed for Vietnam to get full EVFTA benefits: WB
Vietnam needs to fill major legal gaps and address key implementation issues to reap the full benefits of the European Union Vietnam Free Trade Agreement (EVFTA) to be ratified by Vietnam’s National Assembly in May, according to a new World Bank report.The report cites the ...
2020 White Book on Vietnamese cooperatives debuts
The General Statistics Office (GSO) released the 2020 White Paper of Vietnamese Cooperatives, the first of its kind, along with the 2020 White Paper of Vietnamese Enterprises in Hanoi on April 28 as a means of meeting the requirements for information from the government, managers, ...
EU-Vietnam: Council gives final green light to free trade agreement
The European Council on March 30 adopted a decision on the conclusion of a free trade agreement (FTA) between the EU and Vietnam. This decision clears the path, on the EU side, for the entry into force of the agreement.Once the Vietnamese National Assembly also ...
Việt Nam to have trade defence early warning system by 2025
Việt Nam plans to develop an early warning system for trade defence by 2025, aiming to promote sustainable exports. The goal was approved by Prime Minister Nguyễn Xuân Phúc on Sunday (8/3).Accordingly, by 2025, an information technology infrastructure system, analysis software and an e-portal would ...
EVFTA offers market gap for national agricultural sector
With the country poised to enjoy immediate tariff cuts right after the Vietnam-EU Free Trade Agreement (EVFTA) comes into effect, especially with regard to tariff reduction on agricultural processed products, there will be plenty of opportunities for local goods to enjoy competitive prices whilst exporting ...
Priorities for ASEAN economic pillar unveiled
As ASEAN Chair for 2020, Vietnam will introduce initiatives and priorities to boost regional connectivity and make ASEAN one the world’s leading economic growth regions.This year ASEAN countries will devise a mid-term Master Plan for building the ASEAN Community until 2025; develop an ASEAN Master ...
VOV5
Commission welcomes European Parliament's approval of EU-Vietnam trade and investment agreements
The European Commission welcomes today’s decision by the European Parliament to approve the EU-Vietnam trade and investment agreements. The EU-Vietnam trade agreement is now set to enter into force in 2020, upon conclusion of the ratification procedure by Vietnam.The trade agreement will eliminate virtually all ...
Investment in agricultural sector remains modest
The Government and the banking sector are paying more attention in enabling those involved in the agricultural sector to obtain loans from the bank, but the number of farmers and agricultural cooperatives to get access to bank loans remains modest, experts said at a seminar ...
Vietnam’s Economy Expanded by 6.8 Percent in 2019 but Reforms are Needed to Unleash the Potential of Capital Markets
Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by almost 8 percentage point of GDP since 2016, and a trade balance surplus for the fourth year in a row. These results are remarkable in the ...
