Le Tien Truong, General Director of Vietnam National Textile and Garment Group (Vinatex) said that with the agreement between Vietnam and South Korea on the implementation of the provision of accumulation principle on the origin of fabric material in the Vietnam-EU Free Trade Agreement (EVFTA), garment products from Vietnam imported to the EU have a rate of meeting the rules of origin up to 50%.

Since its entry into force on August 1, the European Union (EU) – Vietnam Free Trade Agreement (EVFTA) has brought first successes, reflected by the strong growth of Vietnam’s exports to the EU in recent months and opened significant opportunities for sustainable development in bilateral trade.

Since its entry into force on August 1, the European Union (EU) – Việt Nam Free Trade Agreement (EVFTA) has brought first successes, reflected by the strong growth of Việt Nam’s exports to the EU in recent months and opened significant opportunities for sustainable development in bilateral trade.

Vietnam and the EU have experienced fruitful cooperation in various sectors over the course of the last three decades, Josep Borrell, High Representative of the EU for Foreign Affairs and Security Policy, said in a message on the occasion of the 30th anniversary of diplomatic relations between the two sides.

The Joint Committee under the Vietnam-EU Comprehensive Partnership and Cooperation Framework Agreement (PCA) held the second meeting in both virtual and face-to-face forms on December 15.

A diversified supply chain and numerous free trade agreements (FTAs) have set the stage for a strong comeback for Vietnam's footwear and textile sector, said experts and industry leaders.

Vietnamese tuna appears ideally placed to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA), with shipments rising 0.5% year-on-year to US$126 million during January-November despite COVID-19.

Vietnam’s trade turnover is expected to hit $540 billion this year, marking a year-on-year increase of $23 billion.

Time: 2020 By: The Vietnam Trade Office in Sweden

A forum to promote trade links between Vietnamese enterprises and partners in Eurasian markets was held in Hanoi on December 10 by the Ministry of Industry and Trade (MoIT)’s European-American Market Department.