Free trade agreements

Meanwhile, the export of forest products reached US$7.3 billion during the January-August period, up 9.3 percent over the same period last year. According to the Ministry of Industry and Trade, the main factor driving the export of Vietnamese wooden products over the past two months was virtually uninterrupted production, unlike the situation in other major producers such as China, Germany and Italy. … [Read more...] about Agro-forestry-fishery exports record trade surplus

Vietnamese agro-products such as cashews, coffee, vegetables, dragon fruits, lychees, coconuts, figs, pineapples, avocados, guavas, mangoes and mangosteens are favored by the EU. Some of Vietnam’s organic products have entered this meticulous market as they have passed the exclusive criteria for high-quality agro-products such as organic certification, rainforest alliance and fairtrade certification. The import of farm produce accounts for 8.4% of the total imports of the EU. … [Read more...] about Fruit and veggie digital trade show attracts over 600 exhibitors

Berlin (VNA) – The Berlin ASEAN Committee held the ASEAN Day in the German capital city on October 25, aiming to enhance mutual understanding and cooperation between ASEAN countries and Germany. The annual event saw the presence of Director General for Asia and the Pacific at the German Federal Foreign Office Ina Lepel, member of the German federal parliament and head of the Germany-ASEAN Parliamentary Friendship Group Renate Kuenast, and diplomats from ASEAN countries. In his speech, Vietnamese Ambassador Doan Xuan Hung, head of the Berlin ASEAN Committee, highlighted the bloc’s achievements over the last five decades, which have turned ASEAN into a united, strong and comprehensively cohesive community that has greatly helped to maintain regional peace, stability, cooperation and development. It has been playing an increasing role in the region and the world, the diplomat affirmed. ASEAN’s relations with the European Union (EU) and Germany have developed … [Read more...] about ASEAN Day bolsters Southeast Asian countries’ ties with Germany

Hanoi (VNA) – Benefits generated by the EU-Vietnam Free Trade Agreement (EVFTA) and challenges to Dutch investors in Vietnam are among the topics discussed at a virtual forum on September 9. The event was jointly held by the Vietnamese Ministry of Industry and Trade (MoIT), and the Confederation of Netherlands Industry and Employers (VNO-NCW). Deputy Minister of Industry and Trade Hoang Quoc Vuong highlighted the strong developments of the Vietnam-Netherlands trade and investment ties over the past time, and proposed ways to step up the links through optimising advantages of the EVFTA. Lawyer Joost Vrancken Peeters, Chairman of the Netherlands Vietnam Chamber of Commerce, briefed the participants on the deal and outcomes of an online study on the demand for investment movement and supply diversification of investors from the Netherlands and the EU. The forum focused on issues regarding production, manufacturing, export-import, logistics, customs, visa and human resources. … [Read more...] about EVFTA: Opportunity for Vietnam-Netherlands trade cooperation

The amount of fragrant rice exported to the EU was entitled to a preferential tariff quota of 30,000 tonnes, equivalent to 1.2 per cent of the rice produced in the region, so the export potential for fragrant rice remained very high, said Deputy Minister of Agriculture and Rural Development Le Quoc Doanh. … [Read more...] about Nine Vietnamese fragrant rice varieties given tariff quotas in EU