The EU-Vietnam trade agreement, the “most modern and ambitious agreement ever concluded between the EU and a developing country”, got Parliament’s backing on Wednesday.

The European Union is expected to open its markets to Vietnam on Wednesday, while closing its trade doors with Cambodia, rewarding the former for progress on labor guarantees and sanctioning the latter for human rights abuses.

In addition to focusing on maintaining traditional markets, the Department of Overseas Labour Administration under the Ministry of Labour, Invalids and Social Affairs (MOLISA) is promoting the development of some new labour markets in Europe, such as those of Bulgaria, Hungary and Germany, aiming to open up more working opportunities for Vietnamese guest workers.

Vietnamese logistics companies need to improve their competitiveness to stay afloat when the EU-Việt Nam Free Trade Agreement comes into effect, experts have said.

The European Union (EU) – Vietnam Free Trade Agreement (EVFTA) is set to have considerable impact on the future of the financial and telecom sectors of Vietnam, heard a workshop in Hanoi on October 23.

The Vietnamese Farmers Association, the Ministry of Industry and Trade, the Ministry of Agriculture and Rural Development and 250 business, farmers attended the forum “Together with Vietnamnese farmers to go to the global market” this morning.

A dialogue between the Ho Chi Minh City Customs Department and the European Chamber of Commerce (EuroCham) in Vietnam took place in Ho Chi Minh City on October 9 to discuss the implementation of the European Union – Vietnam Free Trade Agreement (EVFTA).

The Việt Nam Association of Seafood Exporters and Producers and fisheries companies have pledged to with authorities and fishermen to meet EU demands on fighting IUU (illegal, unreported and unregulated) fishing.

The EU-Vietnam Free Trade Agreement (EVFTA) offers many opportunities to Vietnamese workers and just as many challenges. The country’s labour force must find ways to improve its quality in order to produce products that adhere to stricter standards in European markets, said policymakers and labour experts at a conference in Hà Nội on Tuesday.

Việt Nam has implemented many solutions according to the European Commission (EC)’s nine recommendations to remove the yellow card warning on the country’s fishing industry. In November, the EC will come to Việt Nam for the second time to check and re-evaluate the implementation of these recommendations.