The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
European p g a tour
Chairman of HCMC People’s Committee Nguyen Thanh Phong said that the Covid-19 pandemic has resulted in unprecedented fall in the number of tourists and revenue. Specifically, the number of visitors to HCMC merely reached 9.4 million people in the first six months of 2020, a year on year decrease of 54.7 percent, revenue dropped 49.6 percent to VND34 trillion ($1.46 billion). Similarly the Mekong Delta reported a 50 percent fall in the number of visitors reaching only 13 million and a 53 percent drop in revenue approximating VND10 trillion ($430.22 million). … [Read more...] about HCMC, Mekong Delta promote domestic tourism for post Covid-19 recovery