The EU-Vietnam Free Trade Agreement (EVFTA), which is expected to be signed in 2018, will boost bilateral trade and investment thanks to tariff cuts and strong commitments from both sides. Vietnamese Deputy PM Vuong Dinh Hue (4th from left) and delegates at the launch - Photo: VNA The affirmation was made by Gellert Horvath, Co-Chairman of the European Chamber of Commerce in Vietnam (EuroCham) at the launch of the EuroCham Whitebook on trade and investment issues and recommendations. He stressed that the agreement will not only bring about more opportunities for Vietnam’s sectors to develop but will also help to improve the country’s investment environment and raise the quality of its export products. He also reaffirmed the EU’s commitments to supporting Vietnam in the country’s modernisation and integration into the world economy. Vietnamese Deputy Prime Minister Vuong Dinh Hue spoke of his appreciation for the contributions made by the European … [Read more...] about EVFTA to create huge motivation for Vietnam and EU: EuroCham Whitebook 2018
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EuroCham White Book calls for market reforms
The European Chamber of Commerce in Vietnam (EuroCham) announced the publication of the 2018 White Book on Trade and Investment Issues and Recommendations on Thursday, in cooperation with the Vietnam Chamber of Commerce and Industry (VCCI). According to the 2018 White Book, Vietnam is an attractive destination for foreign direct investment, thanks to a number of legislative changes such as reducing tariffs, easing licensing conditions for foreign workers, tax incentives for business expansion or removal of corporate taxes. The book also makes recommendations in terms of healthcare, agriculture, food and nutrition, consumer choice, sustainability and efficiency, as well as legal, tax and customs, from the addition of statutory representation to single member limited liability companies or the construction of a sustainable energy roadmap to attract new investments, to the enforcement of intellectual property rights. In its 10th edition, the book marks not only 30 years of European … [Read more...] about EuroCham White Book calls for market reforms
EuroCham launches 10th edition of Whitebook in Hanoi
At the launching ceremony of the 10th edition of Whitebook (Photo: VNA) Hanoi (VNA) – The European Chamber of Commerce in Vietnam (EuroCham) released the 10th edition of the Whitebook in Hanoi on March 15. The Whitebook is a collective expression of the views of EuroCham’s members on specific aspects of the business environment in Vietnam. The information and views put forward in the Whitebook are solely intended to promote a constructive dialogue and offer recommendations to the Vietnamese government for the improvement of European – Vietnamese business relations. Speaking at the launching ceremony, EuroCham President Gellert Horvath said the new edition of the Whitebook was released on the occasion of the 20th founding anniversary of EuroCham. He added that 2018 is a special year for EU-Vietnam relations as the two sides are preparing for the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA), which is expected to take effect this … [Read more...] about EuroCham launches 10th edition of Whitebook in Hanoi
Live: National Business Conference, EUROCHAM suggests ways to create new wave of investment inflows
This is the second national business conference chaired by PM Nguyen Xuan Phuc since he took office in 2016 in a bid to seek ways to further improve the country's business environment. The conference is also attended by leaders of 63 local authorities and representatives of 200 foreign-funded enterprises. In the afternoon, the Government will convene meeting with leaders of ministries and localities to consider businesses' recommendations presented at the conference. At 7: 30am, PM Phuc started the conference which is scheduled to last until 13pm. He called on business leaders and other delegates to contribute frank ideas and recommendations on how the Government will create best conditions for the operation of businesses. The PM strssed that despite achievements, there remained many things that we have to address to remove difficulties against business. At 7.45': Minister of Planning and Investment Nguyen Chi Dung presented a report on one-year implementation of the Government's … [Read more...] about Live: National Business Conference, EUROCHAM suggests ways to create new wave of investment inflows
EuroCham helps local businesses extend capacity lúc : Wednesday, November 02, 2011 – 20:37:09
Vietnamese businesses were provided with information about exports to the European market at a seminar held by the European Chamber of Commerce in Vietnam (EuroCham) in Ho Chi Minh City on Nov. 2. The seminar is envisaged as part of the “ Capacity Building on Trade Policy for Vietnamese Business Associations” project and the “EU-Vietnam Multilateral Trade Assistance Project III” (MUTRAP III). Speaking at the seminar, Dr. Vo Tri Thanh, Deputy Head of the Central Institute for Economic Management, said the EU market still holds much potential although the world’s economic growth in the fourth quarter of 2011 and 2012 signals a trend of decrease. He underlined the need for Vietnamese businesses to carry out flexible strategies to seek markets and partners in the 27-nation EU region, with a focus on potential markets. Apart from price, the quality of products and their design play an important role in raising competitiveness of … [Read more...] about EuroCham helps local businesses extend capacity lúc : Wednesday, November 02, 2011 – 20:37:09