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Deputies, experts, businesses on EVFTA approvalEVFTA, EVIPA approved to boost VN-EU economic, trade relationsSMEs urged to have deep understanding on EVFTACan Việt Nam take advantage of new foreign investment strategies?MoIT sets up working groups for EVFTA … [Read more...] about Traceability is challenge for Việt Nam’s handicraft exports to EU

When the extensive commitments of the EVFTA officially come into effect, the trade deal is anticipated to promote bilateral trade and investment relations between both the country and the EU. With the EU market opening through the implementation of the EVFTA, domestic businesses will gain access to a market of approximately 460 million people, with an average GDP per capita of over US$35,000, in addition to a tax rate of 0% being immediately implemented for over 85% of tariff lines. … [Read more...] about Businesses urged to capitalize on CPTPP and other FTAs

Due to the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EVFTA and EVIPA, current WTO commitments and numerous other FTAs in effect, Viet Nam has become an important part of international commerce and one of the most opened economies among ASEAN countries. … [Read more...] about Deals highlight VN-EU bilateral ties, global integration efforts

In an interview granted recently to the Vietnam News Agency in Jakarta on June 25, Lim said the theme “Cohesive and Responsive ASEAN” adopted for its ASEAN Chairmanship Year 2020 suits current realities, adding that the 36th ASEAN Summit is a concrete demonstration of ASEAN’s solidarity and leadership, manifested in robust regional cooperation. Such solidarity is needed in responding to the COVID-19 pandemic. Leaders have openly declared their shared commitment to strengthening regional cooperation in addressing public health emergencies, enhancing social safety nets, and preserving the regional supply chain, he said. According to the ASEAN chief, ASEAN needs to continue working together to articulate a collective response to COVID-19 to complement and amplify national and local responses, he said. The 36th ASEAN Summit, therefore, serves as an opportunity for the bloc to further enhance its cohesiveness and responsiveness. He said the … [Read more...] about ASEAN Secretary General lauds Vietnam’s leadership

The signing of the RCEP this year will mark an important driving force for the region and the world in order to promote global economic and trade growth. Furthermore, the partnership will also serve as a basic platform for participants to unite in responding to and repelling the effects of the pandemic, as well as helping to boost the recovery of economies regionally and globally. … [Read more...] about ASEAN, partner nations set to restore multilateral trade mechanisms