Viet Nam's export value saw a year-on-year increase of nearly 5 per cent to an estimated US$82.94 billion in the first four months of this year despite the COVID-19 pandemic, according to the General Statistics Office (GSO).
The National Assembly (NA) Standing Committee has agreed with a proposal of the State President that the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) will be submitted to the upcoming 9th NA session for approval.
The US Department of Commerce (DOC) has lowered anti-dumping duties on tra fish (pangasius) products from Việt Nam following the official conclusion of its 15th period of review (POR15) from August 1, 2017 to July 31, 2018, according to the Trade Remedies Authorities of Vietnam under the Ministry of Trade and Industry (MoIT).
Key industries like textiles, footwear, electronics, food and seafood processing must be prioritised for support in the “new normal” situation, said Trương Thanh Hoài, director of the Department of Industry.
With the Vietnam-EU Free Trade Agreement (EVFTA) set to take effect in July after gaining the approval of the National Assembly, the pact is set to open up a wealth of opportunities for local businesses to boost production and exports, although some believe that there are potential risks of trade conflicts occurring.
Trade between Vietnam and India would continue to grow strongly and sustainably after the COVID-19 pandemic is brought under control, Vietnamese Ambassador to India Pham Sanh Chau said on April 28.
The Intellectual Property Office of Việt Nam has implemented measures to encourage research, innovation and application of creative achievements in science and technology into life and production in response to World Intellectual Property Day 2020 (April 26).
The Ministry of Industry and Trade (MoIT) on Monday submitted a proposal to Prime Minister Nguyễn Xuân Phúc to remove the quota for rice exports as of May 1.
Local exporters should accelerate the registration of REX codes to enjoy preferential tariffs from the European Union as the EU, Norway and Switzerland would not accept the certification of origin of goods (C/O) form A from the beginning of July.
According to the Ministry of Industry and Trade, the Vietnam-EU Free Trade Agreement (EVFTA) not only promotes the increase in the export of goods to the EU market but also has a positive impact on labour, employment and social security, bringing direct benefits to the people.
| The site is done with the technical support of the project BWTO |
