Vietnam-EU trade increases 14.8 percent in 2021

Vietnam-EU trade increases 14.8 percent in 2021

Trade between Vietnam and the EU rose 14.8 percent in 2021 to 63.6 billion USD despite impacts of COVID-19.
EU businesses - Leading circularity action

EU businesses - Leading circularity action

Sustainable development is a core principle of the European Union and a priority objective for the EU’s internal and external policies. Alexander Koch, chairman of the Dutch Business Association Vietnam (DBAV), writes about the circular economy among EU businesses and the EU-Vietnam cooperation in the field.
EU-Vietnam cooperation to take on plastic and marine pollution

EU-Vietnam cooperation to take on plastic and marine pollution

Vietnam, together with Ecuador, Germany, and Ghana, co-chaired the Ministerial Conference on Marine Litter and Plastic Pollution at the World Trade Organization in Geneva in September 2021, where the nation committed to continue paying special attention to urgent issues such as marine litter, plastic consumption, and pollution. Meanwhile, several initiatives in Vietnam are already tackling the issue – among them a cooperation project between Vietnam and the European Union.
Better coordination for optimal results from EVFTA

Better coordination for optimal results from EVFTA

Over one year after the trade agreement between the European Union and Vietnam came into force, the deal’s positive impacts are clearly visible. However, faced with today’s hurdles, both sides are required to work out further solutions on how to profit the most from the historic agreement.
Improving IP protections to attract fresh EU investment

Improving IP protections to attract fresh EU investment

The EU-Vietnam Free Trade Agreement (EVFTA) officially entered into force in August. From day one, the EVFTA has started to phase out almost 99 per cent of tariff lines and barriers to trade between Vietnam and the EU.
Provisions now in place via EVFTA for Vietnamese labour advances

Provisions now in place via EVFTA for Vietnamese labour advances

Although the EU-Vietnam Free Trade Agreement may greatly benefit businesses from both sides, they must first abide by labour and social standards set out in the deal to reap the various advantages.
EVFTA widens horizon for logistics expansion

EVFTA widens horizon for logistics expansion

The forthcoming official entry of the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreem ent is set to offer a new horizon of development to Vietnam’s logistics industry.
EVFTA promises an enhanced Vietnam

EVFTA promises an enhanced Vietnam

The National Assembly has passed the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement, ushering in a new economic, trade, and investment co-operation outlook for both Vietnam and the EU.
Vietnam notifies EU of its ratification of bilateral deals

Vietnam notifies EU of its ratification of bilateral deals

Diplomatic notes informing about Vietnam’s ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) were presented to the EU Delegation to Vietnam on June 18.
How the EVFTA and EVIPA will help Vietnam lure investment

How the EVFTA and EVIPA will help Vietnam lure investment

The approval by the Vietnamese National Assembly of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) is a historic achievement. It represents an extraordinary step ahead in the relations between the European Union and Vietnam, and it embodies the most appropriate way to celebrate 30 years of diplomatic relations.
Dutch at forefront of new EU investment activities

Dutch at forefront of new EU investment activities

The National Assembly has begun scrutinising a plan to adopt the hallmark EU-Vietnam Free Trade Agreement, marking a milestone in the process of translating the deal into reality.
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.
Doors open for free trade with the EU

Doors open for free trade with the EU

The adoption of trade and investment agreements with the European Union offers Vietnam opportunities to attract more investment and increase its exports to EU member states, making the country less dependent on traditional markets.
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.
EVFTA boosts bilateral trade

EVFTA boosts bilateral trade

The EU-Vietnam Free Trade Agreement has been inked, and is expected to usher in immense opportunities for Vietnam to expand its trade and investment ties with EU member states. Austrian Ambassador to Vietnam Thomas Schuller-Götzburg writes about how the agreement will help the country attract more investment from the EU - including from Austria - and how the deal will help boost bilateral trade.
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