Vietnamese shrimp exports surged by 14% to reach US$2.2 billion during the opening seven months of the year, especially in markets which have signed Free Trade Agreements (FTAs) with the nation thanks to the implementation of preferential tariffs.
Despite there being no commitments on services and investment in the Vietnam - Chile Free Trade Agreement (FTA), the pact has nonetheless been a boost to trade and economic ties between the two countries.
Vietnam and the United Kingdom are accelerating negotiations on a new-generation free trade agreement, which is poised to be finalized by the end of this year, according to a webinar running the theme “Vietnam’s Trade and Economic Future: Opportunities for British and Vietnamese Businesses”.
Free trade agreements (FTA), including the latest one signed between Vietnam and the EU, will benefit the domestic fertilizer sector, with more diverse import and export markets, experts said.
Vietnam’s joining of free trade agreements (FTAs) is quite suitable in the context of trade globalization. However, to promote the efficiency of boosting exports, a concerted policy system is needed to help businesses successfully take advantage of benefits brought by the FTAs, according to insiders.
The European Commission (EC) on October 17 submitted for approval a free trade agreement (FTA) with Vietnam, the first comprehensive open market deal between the EU and a developing Asian country.
The European Parliament (EP)'s Committee on International Trade (INTA) on October 10 held an opening hearing on the Free Trade Agreement (FTA) and the Investment Protection Agreement (IPA) between Vietnam and the European Union (EU).
The Ministry of Planning and Investment on July 9 released a report on the recommendations for the strategy and orientation of new-generation free trade agreement (FTA) attraction for 2020-2030, a key piece of the socio-economic development strategy for 2021-2030.
According to the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) roadmap, Australia cuts 90% of import taxes this yearand 100% of tax lines will drop to zero as from 2020. Meanwhile, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will promisingly facilitate trade ties between Vietnam and Australia.
As 2018 brings newer and bigger free trade agreements (FTAs), Vietnamese enterprises are faced with tough choices. They can either adapt and move up the global supply chain, or stand by while imported goods flood the country’s market.
A debate has raged for several decades about the real benefit of free trade agreements and whether they create prosperity for Vietnam, said experts from the Ministry of Industry and Trade at a forum late last month in Hanoi.
PSNews – Senior Lieutenant General To Lam,Minister of Public Security received Ambassador Bruno Angelet – Head of the European Union Delegation to Vietnam on June 30 afternoon.
Vietnam should be ready to negotiate a free trade agreement with the US, according to some speakers at a recent seminar on the impacts of the Trump administration’s policies in Asia-Pacific.
The Republic of Korea’s exports to Vietnam have increased sharply this year thanks to the enforcement of a free trade agreement between the two countries which was ratified late last year.
The parliament of Wallonia, a region of Belgium, organised a discussion session on December 1 on the Vietnam-European Union (EU) Free Trade Agreement (EVFTA) at Namur city, the region’s capital city.
Many Vietnamese leather and footwear firms have been implementing new production and business strategies to seize opportunities offered by free trade agreements (FTAs), especially a deal between the country and the Eurasia Economic Union (EAEU) which took effect last month.
Nearly 90% of tariff lines have been cut and reduced, with 59% abolished immediately as the Free Trade Agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU) has taken effect since October 2016.
Since October 5, Vietnam-EAEU Free Trade Agreement (FTA) has taken effect. Under the agreement, the tariff of over 90% Vietnamese exported products to EUEA member states will be free or reduced and goods from Vietnam will stand a chance to come to the market of 183 million people.
