The European Parliament’s International Trade (INTA) Committee on Tuesday passed recommendations to adopt the Việt Nam-European Union (EU) Free Trade Agreement (EVFTA) with 29 delegates voting in favour, six opposing the motion and five abstaining.
Localities in Việt Nam have taken a number of measures to combat illegal, unreported and unregulated (IUU) fishing since the country received a “yellow card” warning from the European Commission (EC) in 2017.
Việt Nam stood out as the world’s largest cashew exporter last year but there remains many challenges ahead for the country to retain its leading position in the future.
Vietnam has carried out the first activities of ASEAN Year 2020 under the theme “Cohesive and Responsive” after assuming the ASEAN Chairmanship on January 1.
According to the Director of Customs Control and Supervision Department, this scheme will change the model and method of specialized inspections towards Customs being a focal point forinspection.
Vietnamese laws, including the draft Law on Enterprises and the Law on Investment, include many regulations to increase safety and improve confidence for investors, through regulations advancing effective protection mechanisms for the rights and interests of investors, shareholders and members of enterprises.
Vietnam has been unable to gain export growth to all CPTPP member countries. A year since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect, Vietnam had seen strong growth in exports to some CPTPP member countries, but not all.
Vietnam’s exports in 2019 maintained solid growth despite a global slowdown amid great economic vulnerability around the world. But in the new year, the global and regional situations remain unpredictable, exerting significant impacts on many economies, especially developing countries like Vietnam.
The Resolution 02/NQ-CP of the Government on continuing to carry out the main tasks and solutions to improve the business environment and enhance national competitiveness in 2020 continues to request reducing the number of goods in the list subject to specialised inspection.
2019 will be the fourth consecutive year that Vietnam has a trade surplus of about US$9 billion. In the context of difficulties – the globaleconomy grows slowly, global trade decelerates, exports of countries in the region have decreased compared to the same period last year, Vietnam's export results in 2019 are really impressive.
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