The new trade agreement between Viet Nam and the European Union opens many doors for agriculture, according to experts.

The European Parliament ratified EVFTA and EVIPA. Vietnam News Agency spoke to Deputy Minister of Foreign Affairs Bùi Thanh Sơn in Paris about the...

The Vietnamese Government is set to issue a decree on the lists of preferential export tariffs and special preferential import tariffs to implement the EU-Vietnam Free Trade Agreement (EVFTA) when the deal comes into force in Vietnam.

The European Parliament has ratified the EVFTA and the EVIPA. The ratification has opened up new horizons for more intensive, comprehensive and effective bilateral cooperation 30 years after the establishment of diplomatic ties.

The EVFTA will be ratified in May and take effect in July this year if everything fares well, said Minister of Industry and Trade Tran Tuan Anh.

The year 2020 is expected to bring about both opportunities and challenges for Vietnam to soar higher. 

Export turnover within the textile and apparel sector is forecast to reach up to US$42 billion in 2020, representing an increase of 7.7 per cent compared to the figures from 2019, according to SSI Securities Corporation.

The year 2019 featured significant targets and milestones – both for the five-year Socio-economic Development Plan (2016-2020) and the 10-year Socio-economic Development Strategy (2011-2020).

Vietnam is growing as a manufacturing location for medical device producers, and exports have been posting consistent growth.

The Vietnamese Ministry of Industry and Trade (MoIT) has completed a dossier for the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) since early January, and will submit it to the Prime Minister for decision.

Cars will have to re-test their emissions and teaching driving will be tightened. In addition, car imports from the EU will bear lower tariffs.

Foreign investors, especially those from the EU would find it more appealing to land investment in Vietnam when the EVFTA takes effect, according to German broadcaster Deutsche Welle (DW).

Permanent Deputy Foreign Minister Bui Thanh Son paid a visit to the European Parliament (EP) from January 13 to 16 to discuss the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the Investment Protection Agreement (EVIPA).

HSBC expected Vietnam’s economic outlook to remain positive and GDP to grow 6.6% in 2020.

International free trade agreements have opened up unprecedented opportunities for Vietnamese steelmakers with the industry forecast to see robust growth.

With Vietnam’s strategy to increase the quality of foreign investment in the digital age, German businesses are eyeing green and high-tech projects in the country. 

Vietnam’s wood exports are predicted to reach US$12 billion during the course of 2020 following the wood processing industry’s great success during 2019, according to the Ministry of Industry and Trade.

Vietnam’s catfish exports have seen a sharp decline because of trade barriers and price fluctuations in the world market.

One of the fastest economic growth rates in the region, the signing of investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among Vietnam's top 10 economic events 2019.

2019 marked several significant events in Vietnam’s diplomacy. The country's achievements in external relations boosted its growing international status.