As holding the presidency of the Council of the European Union (EU), Bulgaria advocates the early signing and approval of the EU – Vietnam Free Trade Agreement (EVFTA), a Bulgarian official has said.

Once the EU-Vietnam FTA (EVFTA) is signed and the tariff is cut to zero percent, textile and garment exports to the market may obtain 7-8 percent growth rate per annum, experts say.

Raw shrimp prices, the weakness of which caused a decrease in Vietnamese exports during April 2018, are expected to recover "in the coming time", according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

2017 marked the 25th anniversary of bilateral relations between Vietnam and Korea (December 22, 1992-2017), with numerous outstanding achievements in the fields of economy, trade, investment, and social and cultural co-operation.

Vietnam and the European Union (EU) are working to finalize legal and language – related issues for the EU-Vietnam free trade agreement (EVFTA) towards the official signing and ratification of the trade deal next year, said Deputy Minister of Industry and Trade Tran Quoc Khanh.

Vietnamese leather and footwear exporters must comply with the European Union (EU)-Vietnam free trade agreement’s (EV-FTA) rules of origin and be prepared to deal with EU barriers and anti-dumping measures when it takes effect in 2019, exporters were told at a recent seminar in Ho Chi Minh City.

The EU-Vietnam Free Trade Agreement (EVFTA) needs to balance both sides’ interests and respects the articles that they have agreed on, Deputy Prime Minister Vuong Dinh Hue told Ambassador Bruno Angelet, head of the EU Delegation to Vietnam.

The meeting, organised by the Ministry of Industry and Trade and the European Trade Policy and Investment Support Project (EU-Mutrap), was held to help exporters take advantage of the EV-FTA when it takes effect in 2019.

Vietnamese firms are “overly-optimistic” about labour conditions regulated in the EU-Việt Nam trade agreement, a Vietnam Chamber of Commerce and Industry (VCCI) official said.

Vietnam and Russia are determined to raise their two-way trade to 10 billion USD by 2020 to create a turning point in bilateral trade relations