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).
vietnam standing ready to digitalise through eu synergy

Vietnam standing ready to digitalise through EU synergy

Vietnam, which is taking a leap in digital transformation, is on the radar of multinational corporations, including EU businesses. Winfrid Messmer, and Bruno Sivanandan Roques de Borda from the EuroCham Digital Sector Committee, talked to VIR’s Bich Thuy about how its members will make moves to tap into opportunities arising from the EU-Vietnam Free Trade Agreement.
evfta opens wide spectrum of healthcare opportunities

EVFTA opens wide spectrum of healthcare opportunities

Vietnam is growing as a manufacturing location for medical device producers, and exports have been posting consistent growth. Torben Minko, chairman of EuroCham’s Medical Devices and Diagnostics Sector Committee, discussed with VIR’s Bich Thuy the opportunities and the preparation of members ahead of the EU-Vietnam Free Trade Agreement.
market issues ironed out for evfta

Market issues ironed out for EVFTA

The challenges on market access, circulation of products, and tax in the Vietnamese market are expected to be solved ahead of the European Parliament’s crucial vote for the ratification of the EU-Vietnam Free Trade Agreement scheduled for early 2020. Bich Thuy reports.
tetra pak sustainability efforts in vietnam pay off

Tetra Pak sustainability efforts in Vietnam pay off

The two notable sustainability awards handed out in October and November by the European Chamber of Commerce (EuroCham) and the Vietnam Business Council for Sustainable Development (VBCSD) recognised Tetra Pak as a pioneer in promoting sustainability in Vietnam, and affirmed that the company’s efforts are paying off.
hcm city eurocham talk evfta implementation

HCM City, EuroCham talk EVFTA implementation

A dialogue between the Ho Chi Minh City Customs Department and the European Chamber of Commerce (EuroCham) in Vietnam took place in Ho Chi Minh City on October 9 to discuss the implementation of the European Union – Vietnam Free Trade Agreement (EVFTA).
evfta to protect nations ip rights

EVFTA to protect nation’s IP rights

In June, Vietnam and the EU signed the EU-Vietnam Free Trade Agreement (EVFTA), ending a long negotiation with a historic milestone in the long-standing partnership between the two economies. Firms and citizens of both the EU and Vietnam will enjoy not only tariff deductions but also plenty of non-tariff relief in trade. More importantly, this is a big step moving forward for the EU to assure and strengthen its partnership with Southeast Asia, as well as for Vietnam to speed up its long-term integration into the global economy.
policy reform is key to unlock vietnams ma future

Policy reform is key to unlock Vietnam's M&A future

As new policies and trade deals change the focus of M&A inflows to Vietnam, the Vietnamese government is expected to remove legal barriers, create a positive environment for foreign investors, and push the divestment process at state-owned enterprises.
eurocham opening eyes of investors

EuroCham opening eyes of investors

Ahead of the upcoming enforcement of the landmark EU-Vietnam Free Trade Agreement, European enterprises in Vietnam are seeking to venture further into the most appealing fields in order to bet on their growth potential.
heartier european appetite for ma dealmaking via new free trade agreement

Heartier European appetite for M&A dealmaking via new free trade agreement

Many traditional areas such as oil and gas, consumer goods, food and beverages, and retail have seen an increase in mergers and acquisitions investment in Vietnam. Stefano Pellegrino and Kent Wong from EuroCham’s Legal Sector Committee talked to VIR’s Bich Thuy about how the improvements in the legal framework motivate the trend amidst the upcoming enforcement of the landmark EU-Vietnam Free Trade Agreement.
eurochams strong support for deal

EuroCham’s strong support for deal

Together with the EU-Vietnam Free Trade Agreement, the EU-Vietnam Investment Protection Agreement (EVIPA) was signed in Hanoi on June 30, 2019. Nicolas Audier, chairman of the European Chamber of Commerce in Vietnam, provides an in-depth analysis of how the EVIPA will help protect EU investors’ benefits when they do business in Vietnam after it takes effect.
smoother rules can help eu groups thrive

Smoother rules can help EU groups thrive

While a recently-issued government decree is expected to solve some sticky issues on planning, EU businesses are still facing certain challenges in the development of their projects. Kent Wong, vice-chairman of the EuroCham Legal Sector Committee, discussed how the new decree and the Law on Planning can bring benefits to the business community.
hcmc seeks fdi for over 250 projects

HCMC seeks FDI for over 250 projects

The authorities of Ho Chi Minh City have recently convened a conference to seek FDI source for 255 projects. 
market for beverage ripe for change

Market for beverage ripe for change

Many provisions set out in the EU-Vietnam Free Trade Agreement would directly and positively impact the Vietnamese market for spirits, making it one of the most promising markets in Asia, but European businesses have outlined key challenges in market access, including the ban on selling alcohol on the Internet and unstable tax policies.
new whitebooks key themes

New Whitebook’s key themes

EuroCham’s Whitebook 2019 is set to be launched this week, and features a number of interesting insights. Nicolas Audier, EuroCham’s co-chairman, talked to VIR’s Bich Thuy on the focus of recommendations from members and fresh opportunities of the ambitious EU-Vietnam Free Trade Agreement.