The European Union-Vietnam Free Trade Agreement (EVFTA) is set to take effect from July 2020. To make use of the tremendous opportunities from this new generation FTA, one of the key points for many of Vietnam’s export sectors with turnover of billion dollars is to satisfyrules of origin.

The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement(EVIPA) and a series of government policies to promote agricultural processing have opened up a solution to remove difficulties for Vietnam's fruit and vegetable industry as well as opportunities to penetrate potential EU markets. Customs Newsspoke with Mr. Dang Phuc Nguyen, General Secretary of Vietnam Fruit and Vegetable Association, about these issues.

With the impending EU-Vietnam Trade Agreement (EVFTA) set to come into force during the second half of the year, exports are poised to enjoy a fresh impetus, but it remains vital to invest methodically and restructure necessary supply chains in order for Vietnamese goods to remain competitive in the long run.

As the European Union (EU) – Việt Nam Free Trade Agreement (EVFTA) took effect amid the COVID-19 pandemic that has disrupted global supply chains, investment and trade flow, local firms need appropriate solutions to take advantage of the trade agreement, a seminar has heard

The European Union (EU)-Vietnam Free Trade Agreement (EVFTA) is expected to trigger high-quality FDI flows from Europe to the Southeast Asian country, Vietnamese Trade Counsellor in Italy Nguyen Duc Thanh has told the Vietnam News Agency (VNA).

Quality standards, rules of origin, and legal aspects are said to be among the barriers Vietnamese businesses will have to overcome to gain a foothold in the European market under the EU-Vietnam Free Trade Agreement (EVFTA).

Even as many in the region hail a free-trade deal between the European Union and Hanoi for opening up new economic possibilities, analysts say it is unlikely to be a silver bullet for Vietnam’s post Covid-19 recovery. Chinese analysts also think it is unlikely the European Union Vietnam Free Trade Agreement (EVFTA), which was ratified on Tuesday, will result in a substantial number of foreign investors and manufacturers relocating from China to Vietnam.

The Italian news site has recently published an article highlighting the Vietnamese National Assembly’s ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the Investment Protection Agreement (EVIPA) making Vietnam become a gateway for EU to access ASEAN.

The early implementation of the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) will ultimately contribute to creating long-term stable frameworks that will benefit the prospects of the comprehensive Vietnam-EU co-operation partnership

In over 30 years since Vietnam opened its doors to foreign direct investment (FDI), no EU country has so far entered the top 10 countries with a high level of investment in Vietnam. In this context, the EU-Vietnam Investment Protection Agreement (EVIPA) is expected to be a push for Vietnam to receive large investment waves from Europe right as FDI flows are relocated after the COVID- 19 pandemic.