Reforming administrative procedures and improving infrastructure quality are decisive factors in capitalising on the EU-Vietnam Free Trade Agreement (EVFTA), heard a dialogue between officials of Ho Chi Minh City and the European Chamber of Commerce in Vietnam (EuroCham) on July 28.
The Government has issued a resolution approving the first protocol that amends the ASEAN Trade in Goods Agreement (ATIGA).
Both Vietnam and the EU will launch a broad range of practical activities to effectively implement the European Union-Vietnam Free Trade Agreement (EVFTA) from August, with a forum on trade and industry co-operation with EU partners to be held by the Ministry of Industry and the European Chamber of Commerce in Vietnam on July 31 in Ho Chi Minh City.
Standard Chartered Bank expects Vietnam’s growth to slow to a multi-year low of 3 percent this year on soft external demand, with external headwinds set to offset domestic outperformance.
European businesses are more positive about Vietnam trade and investment environment in the first few months after COVID 19 the Business Climate Index BCI unveiled by the European Chamber of Commerce in Vietnam EuroCham on July 22 showed.
Việt Nam must hasten the process of issuing legal documents and institutional reform to implement free trade agreements (FTAs) and take advantage of these trade deals to boost exports.
Online high-level talks between Prime Minister Nguyen Xuan Phuc and his New Zealand counterpart Jacinda Ardern, scheduled for July 22, demonstrate Vietnam’s wishes and commitments to work together with New Zealand to quickly advance bilateral ties to a new high.
In the first six months of the year, four export commodity groups reached turnover of US$10 billion or more, an increase of one group compared to the same period in 2019.
Vietnam’s effective COVID-19 control measures to date and gradual yet prudent reopening has enhanced its attractiveness as a business destination, HSBC said in its Navigator report themed “Building Back Better”, released on July 21.
Prime Minister Nguyen Xuan Phuc approved the plan on the implementation of the Vietnam – US agreement on customs mutual assistance. The PM assigned the Ministry of Finance to chair the implementation of the agreement within the scope of its functions and competence in cooperation with concerned ministries and agencies.
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