Businesses seek to optimize opportunities from EVFTA amid COVID-19

Update: 11:16 | 18/06/2020
Close to 150 businesspeople active in agricultural products, food processing, paper making, functional foods, logistics, and banking came together at a seminar in Ha Noi on June 17 to seek opportunities from the EU-Vietnam Free Trade Agreement (EVFTA) amid the COVID-19 pandemic.
TIN LIÊN QUAN
Vietnamese goods entering EU not straightforward under EVFTA
EVFTA creates new opportunities to boost trade ties with Czech Republic
businesses seek to optimise opportunities from evfta amid covid 19
Participants at the workshop. (Photo: enternews.vn)

Legal consultants were also on hand to provide support regarding laws on international trade.

Hoang Quang Phong, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), said the pandemic has affected every region of the world and many countries have suffered heavy human and economic losses.

Vietnam, however, has curbed the spread of the virus and begun to recover its economy in the “new normal” conditions, he said.

Vietnam ready for EVFTA, EVIPA enforcement: Spokeswoman

Vietnam ready for EVFTA, EVIPA enforcement: Spokeswoman

The EVFTA will take effect from August 1 this year and is expected to pave the way for businesses to make inroads into fastidious markets with huge potential in the European bloc, he added.

Tran Huu Huynh, Chairman of the Vietnam International Arbitration Centre (VIAC), suggested businesses study market practices to avoid legal risks when conducting international trade.

Jean Jacques Bouflet from the European Chamber of Commerce in Vietnam (EuroCham) updated those at the seminar on the COVID-19 situation in Europe as well as trade policies being implemented to support global trade, especially in establishing new consumption and supply chains.

EVFTA could turn Vietnam into new destination for manufacturers: Nikkei

EVFTA could turn Vietnam into new destination for manufacturers: Nikkei

Business publication Nikkei Asian Review of Japan has recently released an article, affirming the Vietnam National Assembly’s ratification of the European Union-Vietnam Free Trade Agreement ...

Capitalizing on EVFTA sure to be a challenge: Insiders

Capitalizing on EVFTA sure to be a challenge: Insiders

The EU-Vietnam Free Trade Agreement (EVFTA) is expected to provide a host of opportunities to Vietnamese enterprises to bolster their exports, but they must also ...

Pathway for local businesses to benefit from EVFTA and EVIPA

Pathway for local businesses to benefit from EVFTA and EVIPA

With both the European Union-Vietnam Free Trade Agreement (EVFTA) and the European Union-Vietnam Investment Protection Agreement (EVIPA) being adopted by the Vietnam National Assembly, many ...

(Source: VNA)