Green transition creating challenges for garments and textiles SMEs

Green transition creating challenges for garments and textiles SMEs

SMEs in the garment and textile industry face challenges posed by the requirements of transitioning to more 'green' production processes.
FTAs to which Vietnam is a signatory, as of July 2023

FTAs to which Vietnam is a signatory, as of July 2023

The Vietnam - Israel Free Trade Agreement (VIFTA) was signed on July 25 and is the latest free trade agreement (FTA) Vietnam is a party to. Joining more FTAs will create significant opportunities for the country to deeply participate in global value chains, increase exports, boost GDP growth, and improve its institutions.
Only way is up for Australian ties

Only way is up for Australian ties

Inspired by the way in which Vietnam has grown its economy and lifted living standards, Australian minister for Trade and Tourism Don Farrell shared with VIR’s Nhat Ha his belief to move towards a comprehensive strategic partnership that would improve business prospects between the two countries.
Vietnam, UAE to soon kick off negotiations of comprehensive economic partnership agreement

Vietnam, UAE to soon kick off negotiations of comprehensive economic partnership agreement

Minister of Industry and Trade Nguyen Hong Dien and Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi of the United Arab Emirates (UAE) have signed a Ministerial Declaration on starting negotiations on a comprehensive economic partnership agreement (CEPA) between the two nations right after Vietnam completed its procedures. ​
Strength to strength in EU relations

Strength to strength in EU relations

The EU-Vietnam Free Trade Agreement (EVFTA) has helped elevate trade and investment ties between Vietnam and the EU since it took effect in August 2020. Giorgio Aliberti, Ambassador and Head of the European Union Delegation to Vietnam, writes about how the EVFTA has contributed to this cooperation, and concerns from the EU side regarding the implementation process.
The catalyst to boost exports in 2023

The catalyst to boost exports in 2023

Free trade agreements are instrumental in the performance of Vietnam’s export businesses, underpinning the country’s export target of 6 per cent in 2023.
Malaysia can forge further strategies with Vietnam

Malaysia can forge further strategies with Vietnam

Malaysia established diplomatic relations with the Vietnam on March 30, 1973 and both countries elevated their bilateral cooperation by signing a strategic partnership in 2015. This year marks the 50th anniversary of diplomatic relations, in which Malaysia is looking forward to deepening mutual understanding, trust, and growing cooperation between the two nations.
Vietnam in line to benefit as EU-ASEAN deal inches closer

Vietnam in line to benefit as EU-ASEAN deal inches closer

As the EU and ASEAN are mulling over materialising a plan for a free trade agreement, Vietnam is closely working with the EU to further bilateral economic cooperation with the entry into force of both sides’ same deal acting as a key driver.
EU keen to cement obligations in EVFTA

EU keen to cement obligations in EVFTA

Vietnam and the EU are increasing trade and investment ties backed by a bilateral free trade agreement, with the EU committing to assist in deployment of the deal despite current geopolitical tensions.
More British investors look at Vietnam to cash in on free trade agreements

More British investors look at Vietnam to cash in on free trade agreements

Many British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements (FTAs) that Vietnam has signed with the UK and other economies worldwide.
Expanding foreign markets for Vietnamese goods

Expanding foreign markets for Vietnamese goods

Vietnamese enterprises have made great efforts in effectively using FTAs to penetrate and bring Vietnamese goods to the international market.
Rosy apparel and footwear exports in the year to date

Rosy apparel and footwear exports in the year to date

The US the EU, and Southeast Asian markets have all bolstered their imports of textiles and footwear from Vietnam, sharply boosting the export value of these sectors in the year to date.
President suggests Vietnam, Malaysia take advantage of FTAs

President suggests Vietnam, Malaysia take advantage of FTAs

President Nguyen Xuan Phuc has recommended Vietnam and Malaysia capitalise on free trade agreements of which both are members, particularly the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP).
Expanding transparency in EU trade

Expanding transparency in EU trade

The EU-Vietnam Free Trade Agreement and the Investment Protection Agreement are the most ambitious agreements in terms of market access, rules, and values ever concluded by the EU with a developing country.
A new vision for nation’s resurgence

A new vision for nation’s resurgence

Based on controlling the pandemic and maintaining socioeconomic development in 2021, this year will be a breakthrough one in achieving the medium- and long-term goals set forth. Minister of Planning and Investment Nguyen Chi Dung details the efforts being made and the solutions being proposed.
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