Under the terms of the EU-Vietnam Free Trade Agreement (EVFTA), it is anticipated that the EU will offer tax incentives for 10,000 tonnes of white sugar and 10,000 tonnes of products containing over 80% sugar, according to the Agro Processing and Market Development Authority (Agrotrade).
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The Government issues Decree No. 111/2020 / ND-CP on Vietnam's Preferential Export Tariffs and Vietnam Special Preferential Import Tariffs to implement the EU-Vietnam Free Trade Agreement (EVFTA) for the 2020-2022 period.
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According to the Ministry of Agriculture and Rural Development, after more than onemonth of the Vietnam-EU Free Trade Agreement (EVFTA) took effect, the value of agricultural, forestry and fishery exports to EU in August 2020 was US$350 million, up 17% year-on-year.
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Africa Market Department under the Ministry of Industry and Trade, Embassy of Saudi Arabia in Vietnam has just sent an official letter to Vietnamese authorities informing the opinion of the Saudi Food and Drug Authority (SFDA) on allowing 12 Vietnamese enterprises to resume their exportation of some seafood products to the Saudi Arabia market.
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Most economic and financial indicators continue to demonstrate Vietnam’s resilience, according to the Vietnam Macro Monitoring report for September of the World Bank (WB).
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Tariffs being cut to zero under the ASEAN Trade in Goods Agreement (ATIGA) from January 1 this year and the COVID-19 pandemic have made for a tough year for the sugar industry, heard an online seminar held by Nhân Dân (People) e-newspaper on Wednesday.
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Vietnam, as a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), is willing to share information about and its experience in participating in the pact with the UK if the latter is interested, said Foreign Ministry spokesperson Le Thi Thu Hang.
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Vietnam has climbed to second place from its previous sixth position in the rankings of biggest suppliers to the United States, as calculated by Jungle Scout, the leading all-in-one platform for selling on Amazon.
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A total of 12 Vietnamese enterprises have been granted permission to re-export their seafood products to the Saudi Arabian market, according to information released by the Ministry of Industry and Trade (MoIT).
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Prime Minister Nguyen Xuan Phuc on September 16 hosted a reception for Dutch and Belgian Ambassadors, Elsbeth Akkerman and Paul Jansen, along with EU investors who want to pour capital into a seaport logistics project worth nearly 1 billion USD in Vietnam.
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