It was critical to enhance the awareness of businesses about non-tariff measures and build up the capacity of tackling their invisible barriers to trade, experts have said.
Vietnamese firms were once again urged to pay special attention to
improving product quality to utilise opportunities under the free trade
agreement (FTA) with the European Union (EU).
Investors from mainland China have been developing their businesses in
Viet Nam to take advantage of free trade agreements (FTAs), as the
country is a Trans-Pacific Partnership member.
Domestic small and medium sized enterprises (SMEs)
need close co-operation from public offices in getting information about
regulations of free trade agreements (FTAs) for getting more benefits
from the agreements.
Vietnamese companies, especially small and medium-sized enterprises,
need to use e-commerce more to strengthen their competitiveness in
foreign trade, Le Dang Doanh, an economist and former member of the
Government Advisory Council, has said.