Viet Nam is expected to attract more foreign investment next year and in the future due to the opportunities and advantages resulting from FTAs.
In 2015 Vietnam signed free trade agreements with the Republic of Korea and the Eurasia Economic Union and completed European Union FTA and TPP negotiations.
Some foreign investors have warned that they may leave Vietnam because of unfavorable conditions to do business.
State utility Vietnam Electricity Group has called for foreign firms to invest in the industry by getting involved in power generation projects or buying shares at State-run power companies.
Vietnam’s agricultural sector must be prepared to confront competition right on the domestic market when the TPP trade pact comes into force.
Free trade pacts between South Korea and three of its trading partners - China, Vietnam and New Zealand - went into effect Sunday
VIETNAM’S garment industry, which until now did not have much of a role to play, has revamped its production process to join the global supply chain, experts said.
Vietnamese exporters of wooden products should meet regulations on legal origins of the material to promote exports to the European Union.
A string of investment preference policies on corporate income tax, land lease, finance, export, as well as loss carryforward have been introduced.
The free trade pact between South Korea and Vietnam will go into effect on December 20.
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