Fta vietnam eu

Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam is expanding the export of its high-quality rice with the aim to increase the export value and improve farmers’ income. According to the Vietnam Food Association (VFA), the export price of Vietnam’s 5% broken rice is higher than that of Thailand, India and Pakistan. Specifically, each tonne of this kind of rice is sold for 418 USD, 8 USD higher than that of Thailand, and 30 USD and 75 USD higher than those of Pakistan and India, respectively. Meanwhile, the export price of Vietnam’s 25% broken rice is currently 403 USD per tonne, equal to that of Thailand, but 35 USD and 75 USD higher than those of Pakistan and India, respectively. In addition, the country’s high-quality rice is being shipped to Japan and Europe. Recently, Tan Long Group JSC, in collaboration with Japan’s Kiraboshi Bank, held a ceremony in Tokyo to introduce ST25 rice, which was named the world’s best rice in 2019, to the Japanese market. … [Read more...] about Vietnam boosts export of high-quality rice

Chairman of the British Chamber of Commerce Vietnam Kenneth Atkinson. The trade and investment relationship between Viet Nam and the UK has grown significantly a year after the UK-Viet Nam Free Trade Agreement (UKVFTA) came into effect. Viet Nam News spoke to Chairman of the British Chamber of Commerce Vietnam Kenneth Atkinson about the effectiveness of the trade deal as well as opportunities for further cooperation between the two countries. How do you assess improvements in trade and investment between Viet Nam and the UK a year after implementing the UKVFTA? The UK-Viet Nam FTA came into effect on May 1, 2021 but with retroactive benefits starting January 1, 2021. This was one of the speediest negotiations of any FTA, in large part due to the strong strategic partnership established by the Governments of Viet Nam and UK. The Strategic Partnership has been in place for 10 years and is stated as being at its strongest ever. The UK is the European country that has maintained … [Read more...] about Trade, investment between Viet Nam and UK expand steadily in all sectors

President Nguyen Xuan Phuc (right) receives British Ambassador Gareth Ward . (Photo: VNA) Hanoi (VNA) - President Nguyen Xuan Phuc on July 6 hosted receptions for the outgoing ambassadors of the UK and Belgium, who came to bid farewell to the State leader. Receiving British Ambassador Gareth Ward, President Phuc highlighted the two important milestones in the diplomat’s term, namely the signing and enforcement of the UK - Vietnam Free Trade Agreement (UKVFTA) in December 2020 and the approval of the Joint Declaration on Vietnam - UK strategic partnership in September 2020, towards elevating the bilateral relations in the next ten years. The President appreciated the Ambassador for actively coordinating to arrange Vietnamese senior leaders’ visits to the UK, including Prime Minister Pham Minh Chinh’s trip to the UK to attend the 26th United Nations Climate Change Conference of the Parties (COP26), and National Assembly Chairman Vuong Dinh Hue’s official visit to the … [Read more...] about Outgoing British, Belgian ambassadors bid farewell to President