patience vital as eu endeavours to reverse fortunes

Patience vital as EU endeavours to reverse fortunes

As France, Italy, and Spain are set to relax coronavirus restrictions, Vietnam-based companies still have to wait a little bit longer to step up their export activities towards the European market.
more than a pandemia difficulties for the eu and its impact on vietnam

More than a pandemia - Difficulties for the EU and its impact on Vietnam

Shaken by the coronavirus crisis, the world economy is currently stumbling. The European Union as well as Vietnam has taken various measures to halt the pandemic. In view of all these drastic measures, the question is legitimate whether the economic, political, and social side effects and damage justify this harsh approach on the one hand and how Vietnam and the EU can get out of the crisis on the other hand. Against the background of the EU-Vietnam Free Trade Agreement (EVFTA), suitable companies, products, services, and channels must be identified that can revitalise trade and direct investment.
eu completes procedures for evfta to take effect official

EU completes procedures for EVFTA to take effect: Official

In his recent phone talks with European Commissioner for Trade Phil Hogan, Minister of Industry and Trade Tran Tuan Anh exchanged views on a number of issues related to the European Union – Vietnam Free Trade Agreement (EVFTA) and bilateral cooperation and trade in the context of the raging COVID-19 pandemic.
european enterprises welcome vietnams covid 19 action despite blow to business

European enterprises welcome Vietnam's COVID-19 action despite blow to business

While COVID-19 has had a significant negative impact on European business in Vietnam, many European companies have welcomed the government’s actions and measures to keep the economy afloat, according to the latest Business Climate Index (BCI) from the European Chamber of Commerce (EuroCham).
patience deemed necessary for eu vietnam fog to clear

Patience deemed necessary for EU-Vietnam fog to clear

Many countries in the European Union have been hit hard by the disease, especially Italy, Spain, Germany, and France, leading to the bloc closing all external borders for 30 days. Colin Kinghorn, COO of lpsos Business Consulting Southeast Asia, outlines the prospects of economic activities between Vietnam and the EU in the midst of the rapidly-escalating crisis.
textile makers skirt virus disruptions

Textile makers skirt virus disruptions

Temporary factory closures and imminent layoffs are going to push textile and garment enterprises into deep water due to a lack of raw materials as well as mass order cancellations from European and American buyers during the ongoing global health crisis.
european tourists evacuated from bali after flights cancelled

European tourists evacuated from Bali after flights cancelled

Hundreds of European tourists stranded in Bali were evacuated from the Indonesian holiday island on Saturday (Mar 28) after their flights were cancelled due to the coronavirus pandemic.
no end to woes of local textile and garment industry

No end to woes of local textile and garment industry

While the supply of raw materials from China is recovering after a month of suspension, textile and garment businesses find that they have moved out of the frying pan into the fire as the COVID-19 pandemic rolling over the globe has forced the cancellation of all orders from the European Union and the United States.
free trade agreement a priority for swiss ties

Free trade agreement a priority for Swiss ties

As one of the large European investors in Vietnam, Switzerland currently negotiates a free trade agreement with Vietnam so that its companies can invest more in untapped fields in the Southeast Asian country. Ivo Sieber, Ambassador of Switzerland to Vietnam, shares with VIR’s Phuong Hao the outlook in economic relations between both nations.
evfta remains guiding light in mitigating trade depletion

EVFTA remains guiding light in mitigating trade depletion

The European Union entry ban on its wide borders, which came into effect last week, comes in a crucial year for Vietnamese exporters to the EU, leading to the EU-Vietnam Free Trade Agreement to become ever more important for both sides in the year to come.    
ecb brings 750b bazooka to coronavirus fightback

ECB brings €750b bazooka to coronavirus fightback

The European Central Bank on Wednesday (Mar 18) unexpectedly said it would spend €750 billion on "emergency" bond purchases, as it joined other central banks in stepping up efforts to contain the economic damage from the coronavirus.
ecbs monetary bazooka peps up asian stocks

ECB's monetary bazooka peps up Asian stocks

Stocks in Asia bounced back on Thursday (Mar 19) after the European Central Bank launched an emergency plan to buy bonds in what one analyst said could be a "game changer" for the coronavirus-wracked eurozone.
uefa postpones euro 2020 by a year due to coronavirus

UEFA postpones Euro 2020 by a year due to coronavirus

The European championship, due to be played in June and July this year, has been postponed until 2021 because of the coronavirus pandemic, European football's governing body UEFA said on Tuesday (Mar 17).
ericsson to enable vietnams 5g future

Ericsson to enable Vietnam’s 5G future

When commercially launched, 5G will impact many Vietnamese industries, such as manufacturing, energy, and transport. Denis Brunetti, president of Ericsson Vietnam, Myanmar, Cambodia, and Laos, talked with VIR’s Bich Thuy about the company’s next steps amid the enforcement of the European Union-Vietnam Free Trade Agreement.
three more covid 19 cases recorded in vietnam

Three more COVID-19 cases recorded in Vietnam

Three more cases tested positive for the SARS-CoV-2 in Vietnam are European tourists, according to the Ministry of Health.