The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), which were ratified by the European Parliament (EP) on February 12, offer significant business opportunities for European enterprises, German Federal Minister for Economic Affairs and Energy Peter Altmaier has said.

The Government is set to issue a decree on the lists of preferential export tariffs and special preferential import tariffs to implement the EU-Vietnam Free Trade Agreement (EVFTA) when the deal comes into force in Vietnam.

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.