The European Chamber of Commerce in Vietnam EuroCham proposed the Government to apply a 50 percent registration fee reduction to all automotive assembly firms importers and dealers of new vehicles.
The Ministry of Industry and Trade’s Trade Remedies Authority of Việt Nam announced that 12 trade remedy cases were initiated by foreign countries and territories for Vietnamese goods in the first six months of this year.
Ambassador Lê Thị Tuyết Mai, Permanent Representative of Việt Nam to the UN, the World Trade Organisation (WTO) and other international organisations in Geneva, led a Vietnamese delegation to attend the 43rd session of the UN Human Rights Council in Geneva, Switzerland on Monday.
In the framework of the EU – Vietnam Free Trade Agreement (EVFTA), the European Union (EU) has committed to giving a tariff rate quota (TRQ) for 14 goods items from Vietnam.
Tax policies are being specified while customs procedures simplified to improve the legal framework to facilitate the European Union – Việt Nam Free Trade Agreement (EVFTA) enforcement.
Barriers in the business environment must be removed to promote the development of private enterprises, which is considered a push for post-pandemic economic growth, experts said.
Prime Minister Nguyễn Xuân Phúc has asked relevant ministries, localities and organisations to increase the enforcement of the Law on Supporting Small and Medium – Sized Enterprises (SMEs) to create favourable conditions for them to overcome the difficult time and develop their business.
The Ministry of Industry and Trade (MoIT) and the Italian Ministry of Foreign Affairs and International Co-operation have signed an agreement to establish a new Joint Commission on Economic Co-operation.
The free trade agreement between the European Union and Việt Nam, known as the EVFTA, which was signed on June 30 last year, will enter into force on August 1.
Vietnam has a golden chance of taking full advantage of the benefits from the European Union – Vietnam Free Trade Agreement (EVFTA) and attracting foreign direct investment (FDI) from EU firms who are seeking to invest in open, competitive, and business-friendly markets.
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