Vietnam expects to be one of the EU’s top 10 trading partners
Addressing the event, Marie-Pierre Vedrenne, Vice-Chairwoman of the European Parliament's Committee on International Trade (INTA) stressed that both sides should strive to make the most of the opportunities offered by the EVFTA in order to enhance bilateral trade.
Due to the benefits of the EVFTA, Vietnam is likely to become one of the EU’s leading trade partners, and both parties should exert all-out efforts to fulfill the goal, especially with regard to the continued implementation of the commitments as prescribed in the trade pact, said Vedrenne.
To this end, she suggested that Vietnam step up economic and institutional reforms nationwide to facilitate the implementation of non-tariff commitments as well as rules of origin and phytosanitary requirements.
Economist Laurence Daziano highlighted the country’s relentless efforts in maintaining high economic growth in recent years, especially during the current COVID-19 crisis.
Vietnamese success in containing the COVID-19 epidemic has allowed the economy to swiftly bounce back as the country has adopted a range of appropriate measures such as tightening control over entrants, conducting quarantine for international tourists, and suspending international commercial flights, Daziano noted.
Meanwhile, Vietnamese Ambassador to France Nguyen Thiep affirmed that the EVFTA is expected to create further opportunities for both French and European businesses as they seek to invest in traditional fields and new realms such as aerospace, clean energy, and infrastructure development in the Vietnamese market.
Nguyen Quynh Anh, the Vietnamese Trade Counselor to France, expressed her wish to continue bolstering co-operation with French partners in industries that can be considered France’s strengths, including energy, high technology, and agriculture.
The teleconference served as an ideal occasion for scholars to offer their assessment of the country’s current business climate, opportunities, and challenges for local firms and the EU in the context of the COVID-19 pandemic.
Related News
Vietnam ready to export first batch of sweet potatoes to China
13:57 | 06/04/2023 Anti-Smuggling
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Latest News
Private sector remains driving force for economy
14:11 | 03/04/2023 Headlines
State visit to Vietnam by Australian Governor-General to deepen the two’s goodwill, trust: expert
14:10 | 03/04/2023 Headlines
Vietnam"s economy to grow by 6.6% this year: OECD
17:45 | 02/04/2023 Headlines
Bright outlook for Vietnamese tourism in new situation
16:52 | 02/04/2023 Headlines
More News
Vietnam, US hold 12th Political, Security, Defence Dialogue
20:25 | 01/04/2023 Headlines
Vietnam calls for comprehensive, all-society approach to waste management
14:32 | 31/03/2023 Headlines
Many factors support foreign capital flow
13:40 | 30/03/2023 Headlines
Foreign SMEs pour capital into Vietnam
13:37 | 30/03/2023 Headlines
Leaders of aviation firms to be disciplined if employees committed wrongdoings
15:38 | 29/03/2023 Headlines
Vietnam - Lao joint border patrol held
15:31 | 29/03/2023 Headlines
CPI increases about 4.2% in first quarter
14:27 | 28/03/2023 Headlines
PM orders close coordination to remove obstables to property market
14:20 | 28/03/2023 Headlines
PM chairs Government meeting on law building
15:46 | 27/03/2023 Headlines
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM
16:09 | 05/04/2023 Headlines
Việt Nam, US hold 12th political, security, defence dialogue
14:15 | 03/04/2023 Headlines
Private sector remains driving force for economy
14:11 | 03/04/2023 Headlines