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The EU and ASEAN represent more than 1 billion people and 25 per cent of global economic power
MoreIssuing date: 26/11/2020 Issuing authority: Ministry of Industry and Trade
MoreVietnam is continuing to feel the economic impact of Covid-19 – as is every country around the world. Since August, however, the country has been boosted by the signing of a free trade deal with the European Union (EU).
MoreVietnamese exporters should further exploit the 28-member European Union to increase their market share in the promising region, Vietnam Trade Counsellor in Germany Bui Vuong Anh has said.
MoreVietnam and the United Kingdom, which have been in a strategic partnership since 2010, are expected to strike a free trade agreement soon. Vietnam’s Prime Minister Nguyen Xuan Phuc expressed hope for an agreement
MorePlenty of local firms have weathered the COVID-19 crisis by selecting niche markets and diversify products to enhance their competitiveness and gain access to the EU market.
MoreAccording to the Department of Crop Production, the EU's total demand for imported rice is 2.3 million tons per year, with a value of 1.4 billion euros in 2019.
MoreWith the tariffs being slashed to 0% under the EU-Vietnam Free Trade Agreement (EVFTA), Vietnamese coffee exports to the Scandinavian market, including Sweden, Denmark, and Norway
MoreThe EU-Vietnam Free Trade Agreement (EVFTA) is likened to a "highway" leading Vietnamese goods, including agricultural products, to the large and potential EU market quickly and effectively. However, to go on that "highway", Vietnam is suggested to prepare a "vehicle" that satisfies the European standards.
MoreAlong with tariff incentives brought about by the implementation of the EVFTA, local businesses have been advised to enhance their capacity to join new supply chains as a means of fully tapping into opportunities presented by the trade pact, according to insiders.
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