Asean india free trade area preferential tariff certificate of origin

As a result, many Vietnamese trade offices abroad have strengthened trade promotion activities on digital platforms. Specifically, the Vietnam Trade Office in Australia is preparing to launch online tools to automate and optimize trade connections, and campaigning to build a forum for Vietnamese agricultural product importers in Australia to unify action plans and deal with risky world trade situations. … [Read more...] about Pandemic curbs generate boost for trade promotion on digital platforms

Trade defence instruments important to Vietnam’s open economy Strengthening the application of trade defence instruments would be necessary for Vietnam, which was among countries with the highest economic openness level, according to the Ministry of Industry and Trade.   … [Read more...] about Vietnam to help local firms cope with trade remedies

At the same time, the ministry will also provide information about current trade remedies for domestic associations and production industries. This will include guidance on using or dealing with trade remedies for key industries such as steel, wood, seafood, chemicals, textiles and support industries. … [Read more...] about Ministry to help local firms cope with trade remedies

The third group will monitor the import and export of Vietnamese goods to the EU market, update new EU policies and management measures that may affect local exports; the situation of using EVFTA preferential origins and periodic reporting to have timely advisory measures to ensure the effectiveness in making the most of EVFTA's incentives. … [Read more...] about MoIT sets up working groups for EVFTA

Hanoi (VNA) - The EU-Vietnam Free Trade Agreement (EVFTA), to take effect shortly, is expected to make up for some of the losses Vietnam’s economy incurred during the COVID-19 pandemic, according to insiders. The Ministry of Industry and Trade (MoIT) said that amid a global economic crisis caused by the coronavirus outbreak, the EVFTA will play an important role in the recovery of the local economy. Echoing this, many experts said that although growth is unlikely to reach this year’s target, the trade deal with the EU will help buffer the downturn. They also believe the agreement will create opportunities for businesses to diversify markets and regain growth momentum. Vietnamese companies have long struggled to gain a foothold in the EU as they face rivals from countries with developed industries, especially China, and its product prices are usually 10-20 percent higher than those of identical goods from other countries. The EU is the world’s second-largest … [Read more...] about EVFTA to help cover some economic losses from pandemic