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Not taking all advantage of opportunities from FTAs
15:40 | 14/11/2020
VCN - The signing and implementation of Free Trade Agreements (FTAs) have brought many positive effects in market expansion and increasing goods export turnover to Vietnam. However, limitations such as the lack of understanding of enterprises and neglectfulness of local authorities means many opportunities from FTAs have been missed.
Fishery sector determines to remove the "yellow card", targeting US$10 billion
10:04 | 27/07/2020
VCN - Although it is forecasted that it will continue to face many difficulties in the second half of the year, the whole seafood industry has determined to make the best effort to reach US$10 billion in export value, and strive toovercomethe recommendations of the European Commission (EC) on combating illegal, unreported and unregulated (IUU) fishing, aiming to remove the "yellow card".
Promote export of agricultural and fishery products after Covid-19: will the pangasius industry fully recovery from the third quarter?
10:00 | 29/06/2020
VCN - After the first half of the year, the export price of raw fish was below the cost price, so it is forecast that Vietnam's pangasius industry will gradually recover, reversing the situation from the third quarter. Pangasius export is promoted in traditional markets and takes advantage of Free Trade Agreements (FTA) to exploit potential markets such as Russia and Brazil.
Retail sector worries about being "swallowed up" when EVFTA takes effect
13:45 | 22/06/2020
VCN- According to the Ministry of Industry and Trade, the implementation of commitments in the Vietnam-EU Free Trade Agreement (EVFTA) also means Vietnam must open the market for goods and services from partner countries of the EVFTA. Domestic distribution enterprises are easily acquired, and lose market shares to foreign enterprises.
Risk of electricity shortage is available
09:39 | 16/06/2020
VCN- Vietnam basically guarantees electricity supply in 2020. However, in the period of 2021-2024, the reality of electricity shortage is very clear, despite the fact that Vietnam has had to mobilize electricity from expensive oil resources.
Joining many FTAs, Vietnamese firms are worried about being sued for tax evasion
10:20 | 10/06/2020
VCN - According to the Ministry of Industry and Trade, up to now, the risk of evading trade remedies and origin fraud for goods is increasing, especially in the context of the escalating US-China trade conflict, Vietnam participated in many new generation FTAs such as the CPTPP and EVFTA.
EVFTA - a golden opportunity to exploit a market of US$18,000 billion
08:14 | 31/05/2020
VCN- It is expected that the Vietnam-EU Free Trade Agreement (EVFTA) will be approved by the National Assembly on May 28 and take effect as early as July 20, 2020. It is forecast that the agreement will contribute to boosting the export of goods to the EU market, helping to significantly offset lossesof exports in the first half of the year due to the impact of the Covid-19 pandemic.