Joining the TPP was “risky” for Vietnam, but the country “is capable of handling it”, said a National Assembly (NA) high official, hinting at the likelihood of the Pacific-rim nation ratifying the historic trade agreement soon.
According EuroCham, the free trade agreement signed with the EU could open up more opportunities for Vietnam, when, along with goods, capital and technology can also penetrate the market more easily.
The US Department of Agriculture (USDA) has announced a list of foreign catfish farms from four countries eligible to export their products to the US under the USDA inspection program for Siluriformes fish including tra and basa fish.
Last year, Vietnam signed a number of trade deals which have gradually taken effect and offered opportunities for Vietnamese enterprises to enter foreign markets.
By June, 2015, Japan had become Vietnam’s second largest investor with more than 2,600 projects worth a total of US$38 billion. 120 of its projects were located in Da Nang.
Deputy Minister of Industry and Trade Do Thang Hai recently acknowledged the phenomenon that some foreign investors are taking advantage of cheap labor of Vietnam as a springboard to enter larger markets.
The 22nd ASEAN Economic Ministers’ (AEM) Retreat wrapped up in Thailand’s Chiang Mai province on late March 3, agreeing on ways to boost the regional and inter-regional economic connectivity.
Ho Chi Minh City welcomes investors coming from the UK, especially given that Vietnam and the European Union (EU) have completed the signing of a free trade agreement.
Trade and investment ties between Vietnam and the European Union (EU) will expand when the Vietnam-EU free trade agreement (EVFTA) takes effect in 2018, the industry and trade minister said.
Vietnam’s market share of garment and textile in the US is expected to grow for the 2ndconsecutive year in 2016, surpassing Central America.
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