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Image: A bad omen for export companies

A bad omen for export companies

The global economic slump has weighed heavily on Vietnam’s key product exports, placing labor-intensive enterprises in the billion-dollar export “club” in peril Leading exports hit hard Since last August, a lack of orders has forced firms to cut working hours and lay off employees. As a result,

Image: Vietnam’s export businesses benefit from EVFTA

Vietnam’s export businesses benefit from EVFTA

HCMC – Vietnamese exporters have taken advantage of the European Union–Vietnam Free Trade Agreement (EVFTA), especially the trade liberalization policy of phasing out over 90% of tariffs on the exchange of goods within seven years. The import-export turnover between Vietnam and European countries

Image: Vietnam remains world’s biggest pepper exporter

Vietnam remains world’s biggest pepper exporter

HCMC – Despite pepper export volume tumbling due to China’s zero-Covid policy, global inflation and economic uncertainties in many countries, Vietnam has remained the world’s biggest pepper exporter this year. Data from the Vietnam Pepper Association (VPA) showed that the country had shipped over

Image: Rice exports to Northern Europe rise sharply

Rice exports to Northern Europe rise sharply

HCMC – Vietnamese rice exports to the North European market surged 73% between 2017 and 2021 annually, backed by the European Union-Vietnam Free Trade Agreement (EVFTA). In 2021, Northern European countries purchased around 5,646 tons of Vietnamese rice worth US$5.51 million, according to the

Image: Exporters urged to swiftly leverage FTAs to avoid missing opportunities

Exporters urged to swiftly leverage FTAs to avoid missing opportunities

HCMC – Advantages brought about by free trade agreements (FTAs) such as EVFTA and CPTPP would gradually disappear if Vietnamese exporters do not act quickly to make the most of these advantages right now. The recommendation was made at a seminar last Friday featuring discussions on how EVFTA and

Image: Old technologies and labor quality may reduce FDI attraction opportunities

Old technologies and labor quality may reduce FDI attraction opportunities

HCMC – Vietnam may face disadvantages in global supply chains due to its outdated technologies and poor labor quality. Nguyen Thi Vu Ha, an expert at the Vietnam Institute for Economic and Policy Research (VEPR), expressed her concerns over the risk of Vietnam being the destination for low-quality

Image: EU trade deal boosts logistics industry

EU trade deal boosts logistics industry

(VEN) - The EU-Vietnam Free Trade Agreement (EVFTA) not only promotes Vietnam's exports to European member countries but also helps increase the demand for logistics services.

Image: Standardizing production to boost exports to EU

Standardizing production to boost exports to EU

(VEN) - Vietnam has signed 15 free trade agreements (FTAs) and is negotiating two additional ones. These trade deals, especially the EU-Vietnam Free Trade Agreement (EVFTA), have greatly helped Vietnam’s import-export activities.

Image: EU deal benefits Vietnamese exports

EU deal benefits Vietnamese exports

(VEN) - Vietnamese companies are making rather good use of tariff cuts under the EU-Vietnam Free Trade Agreement (EVFTA),” affirmed Tran Thanh Hai, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade in a talk with Vie

Image: Vietnamese farm products make EU market inroads

Vietnamese farm products make EU market inroads

Vietnamese agricultural products are opening doors in the European Union (EU) market amid post-pandemic recovery, bolstered by the EU-Vietnam Free Trade Agreement (EVFTA).

Image: Surge in Vietnam's exports to Europe

Surge in Vietnam's exports to Europe

(VEN) - The EU-Vietnam Free Trade Agreement (EVFTA), which took effect on August 1, 2020, has given an impetus to Vietnam’s exports, according to the Ministry of Industry and Trade.

Image: Two-year EVFTA implementation: Fruitful results

Two-year EVFTA implementation: Fruitful results

(VEN) - Luong Hoang Thai, Director of the Ministry of Industry and Trade’s Multilateral Trade Policy Department, spoke to Vietnam Economic News’ Thu Phuong about the implementation of the EU-Vietnam Free Trade Agreement (EVFTA) over the past two years. Th