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EVFTA: Taxes reduced for shrimp exports to EU

Most raw shrimp importedtothe EU will see reductions from the basic tariff of 12-20% to 0% after the EVFTA agreement comes into effect. The export door is opening for Vietnamese shrimp.

Rules of origin trip up garment and textile opportunities from EVFTA

Garment and textile firms are aware of the opportunities to expand their export markets arising from the EU-Vietnam Free Trade Agreement (EVFTA) but are facing difficulties in complying with the rules of origin.

Attracting FDI: From a good start to a long-term strategy

From the early days of 2020, Vietnam has welcomed large-scale foreign direct investment (FDI) projects. This favorable start, with the proposed solutions, isexpected to provide a brighter picture of economic growth during the Covid-19 epidemic.

Việt Nam plays its role as President of ASEAN

Deputy Minister of Industry and Trade Trần Quốc Khánh talks to Vietnam News Agency on the role of the High-Level Task Force on ASEAN Economic Integration.

Exports dropped to wake up the wake of Chinese dependence

Talking to reporters of Customs Newspaper, Assoc. Dr. Pham Tat Thang , former Director of the Commercial Research Institute (Ministry of Industry and Trade) said the first month of exports decreased in 2020 with the presence of unexpected and force majeure causes from the epidemic of coronary respiratory infection. This sounded a wake-up call about excessive export dependence on the Chinese market.

FDI in Việt Nam expected to surge after the epidemic

As a major foreign investment hub, China is hit hard by the new strain of coronavirus, now known as Covid-19, but this also provides an opportunity for other countries to accelerate efforts to attract new foreign investment, especially investments in China which may seek other destinations.

Customs statistics on imports and exports between Vietnam with EVFTA member states

According to the latest statistics from the General Department of Vietnam Customs, at the end of 2019, the total import and export turnover between Vietnam and EU member states reached US$56.39 billion, accounting for 11 percent of total import and export turnover of the whole country in 2018.

EVFTA and EVIPA hold strategic and economic significance to Việt Nam-EU relation

The European Parliament (EP) on Wednesday ratified the EU-Việt Nam Free Trade Agreement (EVFTA) and the EU-Việt Nam Investment Protection Agreement (EVIPA). Vietnam News Agency spoke to Deputy Minister of Foreign Affairs Bùi Thanh Sơn in Paris about the agreements.

Vietnam-EU Trade: EVFTA Ratified by EU Lawmakers

The European Parliament (EP) on February 12 ratified the European Union Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). The next step before the agreements can come into force is the ratification of the agreement by the National Assembly of Vietnam which is expected in May 2020.