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The outcomes of the Free Trade Agreement between the EAEU and Vietnam over the first two years are mixed. They are quite noticeable when it comes to trade in goods, but elusive in other areas. The reasons why the Socialist Republic of Vietnam and, to a lesser extent, Russia turned out to be the main beneficiaries are explained by Vladimir Mazyrin, Doctor of Economics, Head of the Center for the Study of Vietnam and ASEAN at IFES RAS, Professor at the Institute of Asian and African Studies of Moscow State University, and Editor-in-Chief of the Vietnamese Studies e-journal published by IFES RAS.
MoreChina is current the biggest market for Vietnamese agricultural products, but its demand for fruits and vegetables is still growing, offering a chance for Vietnamese firms to boost even stronger shipments to this country.
MoreBrexit or no Brexit, our real problem is failure to invest
More"Since we have a large exporter community here, I wish to draw attention... to the under-utilisation of our FTAs. Data shows that Indian exporters have not made very good use of FTA and preferential benefits that India has negotiated with partner countries," Wadhawan said addressing exporters at International Engineering Sourcing Show.
MoreMinisters rush to do deals with countries UK trades with under EU free trade arrangements
MoreMore and more Russian businesses want to study investment opportunities in Vietnam and attract Vietnamese firms to invest in Russia, Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation, said at a working session with Vietnam’s Ministry of Industry and Trade in Hanoi on March 14.
MoreSouthern localities of Vietnam has been a major destination for investment from the Republic of Korea (RoK) in recent years, and local textile-garment and footwear industries have proved to be a magnet for an influx of capital from this country.
MoreVietnam needs a strategy to promote the development of private firms with a focus on quality, as their contribution to the economy remains modest, attendees heard at a conference in Hanoi on March 15.
MoreVietnam is becoming increasingly attractive to foreign investors thanks to the FTAs it has or is going to sign, its upgraded position in the world and it image as an ideal ‘shelter’ in the US-China Trade war. Analysts say that in such conditions, banking will be one of the sectors to benefit.
MoreThe strategic partnership between Vietnam and Germany has entered a new stage of development, Vietnamese Minister of Planning and Investment Nguyen Chi Dung said at a recent event in Germany.
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