The Ministry of Industry and Trade is focusing on improving provinces’ capabilities in helping local businesses take advantage of free trade agreements such as the UKVFTA and EVFTA, including by issuing a FTA Index by the end of 2023.
New-generation free trade agreements like the UK-Việt Nam FTA have been positive for Tiền Giang Province’s exports and foreign investments and helped jobs, according to its Department of Industry and Trade.
According to the ministry, the Southeast Asian economy''s export picked up in March, reaching US$29.57 billion, a 13.5 per cent increase from February. Total exports during the first three months of the year ped by 14.8 per cent compared to...
Viet Nam and Israel on Sunday announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year.
The free trade agreement index (FTA Index) was expected to an impetus for localities to a favourable environment for enterprises and enable them to take advantage of free trade deals.
According to the department, the province is now home to 143 enterprises which are exporting 14 groups of goods to the EVFTA member countries. These enterprises exported US$241 million worth of products in 2021, up 23.4 per cent year-on-year.
Representatives from Việt Nam and the United Kingdom signed a free trade agreement between the two countries in London on December 29 evening (Viet Nam time).
According to the report, trade turnover between Viet Nam and ten members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in 2019 reached US$77.4 billion, a 3.9 per cent increase from 2018.
Director of the Ministry of Industry and Trade’s Trade Defence Department Le Trieu Dung talks with Vietnam News Agency about how enterprises can protect their rights and interests on the global stage.
New-generation Free Trade Agreements (FTAs) are expected to help Viet Nam become more competitive if the country reduces trading costs and improves its business environment.
Minister of Industry and Trade Tran Tuan Anh told Vietnam News Agency about this issue as well outlining solutions to ensure the best interests for the local businesses in dealing with trade remedies on export markets or using those tools...