Trade
Trade policy and regulation
EUVFTA shows European investors' confidence in Vietnam
A survey by EuroCham highlighted Vietnam’s attractiveness for European investors. The BCI survey said that the EUVFTA has undoubtedly opened doors for European businesses, but challenges remain. However, it also pointed out a number of obstacles that European businesses face in fully leveraging the EUVFTA, including ...
Vân Nguyễn
Carbon tax poses new challenge for VN to boost exports to EU
The EU-Vietnam Free Trade Agreement (EVFTA) is an agreement inclined towards sustainable development. The EU’s CBAM (Carbon Border Adjustment Mechanism) has posed a new challenge for Vietnam’s exports to enter the EU market.CBAM will be valid for the transitional period with an aim to control ...
Luong Bang
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 ...
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 ...
New chapter for the development of Vietnam’s pharmaceutical market
Permitting foreign-invested enterprises to conduct direct imports, Vietnam’s pharmaceutical policies are now more in alignment with international treaties.The change of governmental policy in the pharmaceutical field will affect significantly the local market, from both sides. As a positive, the grant for foreign-invested enterprises (FIEs) will ...
Vietnam, EU to sign EVFTA on June 30 in Hanoi
The European Council announced on June 25 that it has approved the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA), and assigned the EU to sign the deals with Vietnam on June 30 in Hanoi.The EVFTA ...
Vietnam faces threat of trade deficit in 2019
Việt Nam faces a possible return to a trade deficit this year after three years of enjoying surpluses, experts said pointing to the sharp rise in imports and increasing difficulties facing exports.Keep reading ...
VNS Reporter