Criteria regarding flexible rules of origin stipulated within the European Union-Vietnam Free Trade Agreement (EVFTA) will make it easier for plastic enterprises to take full advantage of preferential tariffs when exporting to the EU market.
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Speeding up infrastructure development and improving ease of doing business and vocational training are among things Việt Nam can do to make itself more attractive to foreign investors post-Covid-19, according to investment fund VinaCapital.
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Amidst the digital wave surging through many ASEAN states, facilitating their businesses to have closer connectivity with global markets, many Vietnamese enterprises nevertheless remain slack in adopting digital solutions, causing impediments in improving their competitiveness.
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According to the Minister of Planning and Investment, in the last six months of 2020, it is necessary to focus on reviews in order to promote all geographical areas of growth in each major industry, field, locality and major projects.
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Suffering from the serious impact of the Covid-19 pandemic, in the first half of this year, export goods of Vietnam recorded a serious decline in all key commodities. This situation would change in the second half if the situation of Covid-19 pandemic was controlled worldwide and the country takes advantage of free trade agreements (FTA) including Vietnam-EU free trade (EVFTA) that will take effect from August 1.
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In a national teleconference last week, Prime Minister Nguyễn Xuân Phúc asked for concerted efforts to achieve a growth rate of 4 per cent this year.
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The Government has recently issued Decree No. 64/2020 / ND-CP guiding the implementation of the temporary admission of goods under the Istanbul Convention.
Read more...Two months after Vietnam stepped out of the pandemic stage, the Government has stepped up the recovery and economic development activities in thenew normal along with the efforts of the business community. Thanks to that, the economy has initially had positive signs.
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At the seminar "Tax policy and customs procedures when implementing EVFTA" organised by Customs News in coordination with EuroCham, the Director of the Customs Control and Supervision Department (General Department of Vietnam Customs) Au Anh Tuan said that an issue businesses need to be concerned about is researching and fully implementing regulations on the origin of goods.
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Many obstacles and barriers affecting the production and export of aquatic products have been proposed to be removed to facilitate and speed up enterprises after the pandemic.
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