The recent ratification of the European Union-Vietnam Free Trade Agreement (EVFTA) by the European Parliament (EP) is expected to help with the market expansion of Vietnamese farm produce, including fruits and vegetables, in the face of the coronavirus outbreak disease (COVID-19), according to insiders.

The European Parliament (EP) recently voted to officially ratify the European Union-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). After nearly 10 years of negotiations, the approval of the EVFTA by both Vietnam and the EU has offered a new horizon for greater and more comprehensive cooperation and stronger development, meeting the needs of the people and businesses of the two sides.

The Chamber of Deputies (Lower House) of the Parliament of the Czech Republic has passed a resolution supporting some international agreements, including the EU-Vietnam Investment Protection Agreement (EVIPA), according to public broadcaster Česká Televise.

The European Parliament’s ratification of the European Union – Vietnam Free Trade Agreement (EVFTA) on February 12 will open up a golden opportunity to improve value chains, said President of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.

The European Parliament (EP)’s ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement on February 12 has been applauded in the Czech Republic.

The new trade agreement between Vietnam and the European Union opens many doors for agriculture, according to experts.

Investors from the EU will have opportunities to own higher stakes in Vietnamese banks than those from other countries under Việt Nam’s commitments in the EU-Vietnam Free Trade Agreement (EVFTA).

The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) were officially ratified by the European Parliament (EP) on February 12, 2020. This is a significant event, creating a turning point in the integration process of Vietnam, said Minister of Industry and Trade Tran Tuan Anh in an article published on Nhan Dan Newspaper.

EVFTA aims to massively boost trade and investment but does nothing to improve Hanoi’s poor rights record.

The ratification of the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA) by the European Parliament (EP) has reflected its high valuation of and trust on Vietnam as a comprehensive and important partner in all areas, not only in Asia but the world also.