A seminar was held by the Vietnam Trade and Industry Review in Hanoi on October 6 to discuss how to connect with the EU firms and make the best use of the EU-Vietnam Free Trade Agreement (EVFTA).

Việt Nam, as an open economy with multiple Free Trade Agreements (FTAs) in place, is committed to fulfilling its obligations in the automobile import sector.

Although new challenges pose for Vietnam's agricultural and food products in key export markets, the initiative and positivity of businesses alongsidecomplete legal framework are prerequisites for the growth of Vietnamese agricultural and food products in the international market.

Having a sustainable development element will help businesses increase their value and build Vietnamese brands in the European market.

A series of new policies from the import market pose many challenges for domestic export businesses, in which textiles, furniture and household appliances are directly affected industries.

There are only few days left before the European Commission (EC)’s fourth on-site inspection in Vietnam over the fight against illegal, unreported, and unregulated (IUU) fishing.

Experts have recommended the acceleration of green transformation for businesses to help them avoid being excluded from the value chains as green consumption is becoming a trend and a widespread requirement across all segments and markets.

To add value to exported agricultural products, there needs to be synchronous solutions to support agricultural businesses in digitalizing production and processing to meet market requirements.

The inspection team of the European Commission (EC) will delegate to Vietnam for the fourth inspection on combating illegal, unreported and unregulated (IUU) fishing in October 2023. Agencies are trying to complete the steps to soon have the yellow card removed.

Despite facing numerous challenges related to new requirements and standards, Vietnam continues to be a destination that attracts special attention from investors and importers from the EU. This opens up opportunities for Vietnam to regain growth momentum after a period of decline due to the global economic impact.