The EU-Vietnam Free Trade Agreement (EVFTA) needs to balance both sides’ interests and respects the articles that they have agreed on, Deputy Prime Minister Vuong Dinh Hue told Ambassador Bruno Angelet, head of the EU Delegation to Vietnam.

The meeting, organised by the Ministry of Industry and Trade and the European Trade Policy and Investment Support Project (EU-Mutrap), was held to help exporters take advantage of the EV-FTA when it takes effect in 2019.

Vietnamese firms are “overly-optimistic” about labour conditions regulated in the EU-Việt Nam trade agreement, a Vietnam Chamber of Commerce and Industry (VCCI) official said.

Vietnam and Russia are determined to raise their two-way trade to 10 billion USD by 2020 to create a turning point in bilateral trade relations

A quarter of a century of diplomatic relations between Vietnam and the Republic of Korea (RoK) has yielded substantial progress, especially in investment and trade, said Bui Huy Son, head of the Ministry of Industry and Trade’s Vietnam Trade Promotion Department (Vietrade).

The Vietnam-Eurasian Economic Union Free Trade Agreement (VN-EAEU FTA) has created a strong momentum for economic and trade ties among the signatories, said EAEU diplomats.

Vietnamese exporters of fruits and vegetables must improve hygienic standards of their products to avoid technical barriers imposed by the EU market, experts said at a meeting held on Monday in HCM City.

The Vietnam-Eurasian Economic Union Free Trade Agreement (VN-EAEU FTA) is of great importance to Russia since it is a leading economy in the EAEU, said a Russian expert.

Viet Nam is likely to reach US$70 billion of bilateral trade with South Korea by 2020, an official said at a seminar on export promotion to South Korea held on Friday in HCM City.

Vietnam’s shrimp exports to the EU market reached 483.6 million USD in the first eight months of this year, a rise of 30 percent over the same period last year, making the EU the top market of Vietnamese shrimp, the place which was earlier held by Japan.