Broad based investment and trade agreement

The E.U. Parliament in February voted in favor of the trade deal, the second with a Southeast Asian country after Singapore, and one of the few with a developing country. … [Read more...] about EU Council green-lights trade deal with Vietnam

At Kogo South of the nation's economic capital Bata, the second Modular Refinery project has attracted the interest of Egyptian company Petrojet, British company Rosslyn Energy, the Spanish-Russian consortium of Selquimica International with Engineering and Energy, and UAE-based SDLE International DMCC. Meanwhile, South African company Grindstone Resources and Omani company MSS LLC are both shortlisted for the gold refinery project and the Minerals Industrial Zone. … [Read more...] about Equatorial Guinea Shortlists Companies for Key Energy Projects under its Year of Investment

The FTA provides for the almost complete (99%) elimination of customs duties between the two sides. About 65% of duties on EU exports to Vietnam will disappear as soon as the deal enters into force, while the remainder will be phased out gradually over a period of up to 10 years. As regards Vietnamese exports to the EU, 71% of duties will disappear upon entry into force, the remainder being abolished over a period of up to 7 years. … [Read more...] about European Council okays EVFTA with Vietnam

Brussels (VNA) – The European Council on March 30 passed a decision to ratify the EU-Vietnam Free Trade Agreement (EVFTA), paving the way for the deal to come into force. Once ratified by the Vietnamese National Assembly, the deal will officially take effect expected at the beginning of this summer. The EVFTA is expected to create a major push for Vietnam’s exports, helping diversify the country’s exports and markets. Under the agreement, Vietnam will cut 65 percent of import tax on EU commodities right after the deal takes effect, while the rest will be erased in a 10-year period. Meanwhile, the EU will cut more than 70 percent of tariff on Vietnam’s commodities right after the deal takes effect, while the rest will be abolished in the seven subsequent years. The document, together with the EU-Vietnam Investment Protection Agreement, was signed in Hanoi on June 30 last year. They include intensive, extensive and comprehensive commitments covering the fields … [Read more...] about European Council passes final procedure for EVFTA

Yet unlike their international counterparts where intellectual property matters are dealt with continuously to both increase the reputation and improve research quality, domestic research institutes are quite unfamiliar with procedures as to intellectual property. … [Read more...] about Vietnam aims at commercializing scientific research results