Vietnam now has a “golden opportunity” to reactivate its economy earlier than many other countries, Minister-Chairman of the Government Office Mai Tien Dung said on June 2.

Vietnam enhances trade remedy capacity in anticipation of EVFTA

The free trade agreement between Vietnam and the European Union (EVFTA) will open up extensive potential, a new marketspace and high interactivity for the Vietnamese economy.

The US International Development Finance Corporation (DFC) always attaches a great importance to and considers Vietnam a preferred partner in US cooperative projects, CEO of the DFC Adam Boehler told Vietnamese Ambassador to the US Ha Kim Ngoc.

As the world contemplates the savage impact of the COVID-19 pandemic on the global economy, there's a need to deepen global cooperation to emerge from the slump caused by the lockdowns and other measures to contain the novel coronavirus.

There comes a moment in all close relationships when both parties must decide whether they will work through their problems together, or if they will engage with those problems in a state of open hostility.

As exports are facing difficulties due to the COVID-19 pandemic, the domestic market of nearly 100 million people is seen as huge potential to rescue local businesses.

It is expected that the Vietnam-EU Free Trade Agreement (EVFTA) will be approved by the National Assembly on May 28 and take effect as early as July 20, 2020.

It is expected that, after being ratified by the National Assembly, the European -Vietnam Free Trade Agreement (EVFTA) will take effect from July 2020.

Vietnam has been advised to introduce a range of solutions aimed at attracting private investment in an effective manner with the private economic sector increasingly becoming a key part of the national economy,