August 1, 2022 marks the 2nd anniversary since the effectiveness of Vietnam - European Union Free Trade Agreement (EVFTA).
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Vietnam has been participating in the negotiation and signing of many important Free Trade Agreements (FTAs), opening up great opportunities for exports. However, at the same time, Vietnamese goods are also facing more and more pressure of being investigated, applying trade remedies, especially anti-circumvention investigation for trade remedies.
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Customs News spoke with Dr. Nguyen Bich Lam, former Director General of the General Statistics Office (Ministry of Planning and Investment).
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The growth momentum of the fruit and vegetable industry is not expected to break through in 2022, if China does not remove the "Zero Covid" policy.
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The Yen and EUR depreciate against the USD, which can cause disturbances in the world currency market and affect the import and export of goods, including Vietnam's seafood.
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The EU-Vietnam Free Trade Agreement (EVFTA) has given an impulse for Vietnam's export activities in the past two years. However, the market share of Vietnamese products in the EU is still quite modest.
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Since the beginning of the year, FDI has poured into the processing and manufacturing industry which continues to occupy an overwhelming position compared to other fields. Many investors find Vietnam as a promising investment destination. However, in order to seize the opportunity well, Ms. Do Thi Thuy Huong, Vice President of the Vietnam Supporting Industries Association, said that, besides the efforts of businesses, the key is to need practical support policies come into life.
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On August 11, at a forum entitled "Vietnam's Industrial Zones 2022: Opening up new investment capital flows", experts came up with many solutions to improve foreign investment cooperation (FDI) in industrial zones (IZs) in Vietnam in the future.
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This depends largely on the source of imported feed ingredients, which is forecast to continue for many years to come. The key issue is to reduce price pressure on animal feed products, and then gradually reduce dependence on imported feed materials.
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The amending and supplementing of the Law on a number of articles of the Law on Intellectual Property has been approved by the National Assembly and will take effect from January 1, 2023.According to Ms. Nguyen Thi Thu Ha, Deputy Director, Intellectual Property Office, Vision & Associates Law Firm, businesses and authorities need to actively learn, disseminate and propagate to make the best use of the regulations in the law, especially in the context of the increasingly strong cooperation and competition between domestic and foreign enterprises.
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