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The Ho Chi Minh City Investment and Trade Promotion Center (ITPC) on January 28 held a seminar on the prospects of exporting goods to the European Union through the gateway of Poland to assist enterprises to have more information and experience to increase exports to this market.

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The Eurasian Economic Union (EAEU) is conducting necessary work to conclude free trade agreements with Egypt, India, Indonesia, and Mongolia, Member of the Board of the Eurasian Economic Commission Andrei Slepnev told a briefing on 1 February, BelTA has learned.

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“Legendary story”, “Rising star”, and “Asia’s brightest economy” count among the praise from international organisations in relation to Vietnam’s economic development over recent years

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According to the Ministry of Planning and Investment, in January this year, more than 300 foreign enterprises paid attention to learning to make new investments or expand investment in Vietnam. It shows that Vietnam continues to be an attractive destination in Asia.

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The United States was the nation’s largest export market in January with a turnover of US$7.5 billion, representing an annual increase of 57.4%, according to statistics released by the General Statistics Office (GSO).

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Vietnam attaches great importance to its strategic partnership with Germany as its largest trade partner in Europe and gateway to other European markets, and hopes to further facilitate bilateral economic, industrial and trade cooperation. With the effect of the 2020 EU-Vietnam Free Trade Agreement (EVFTA), the two sides are confident of making great strides in their ties.

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An informal World Trade Organization (WTO) ministerial gathering focused on trade policy challenges and priorities ahead of the 12th WTO Ministerial Conference (MC12).

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With the implementation of new-generation free trade agreements, leather and footwear businesses are optimistic about their recovery in 2021.

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In order to take advantage of the opportunities from the upcoming Free Trade Agreements (FTAs), the Government needs a specific strategy for the business community to grasp the commitments and rules for each FTA. Enterprises also need to be proactive and creative in their investment and business strategies to adapt both in the short and long term.

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One month after the transition period ended and the advent of the UK’s free trade deal with the EU, the government believes it has avoided "significant border disruption" following the introduction of new border controls.

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