Vietnamese businesses should adopt responsible timber trade practices to bridge the gap between Viet Nam''s law and the its agreement with the EU on forest law enforcement, governance and trade
Starting from June 1, Viet Nam could export only verified legal timber products to the European markets as the VPA/FLECT would officially enter into force.
The signing of the Forest Law Enforcement Governance and Trade Voluntary Partnership Agreement (FLEGT-VPA) between Viet Nam and the European Union is expected to have a positive impact on the country’s economy and environment.
Enforcement efforts will be intensified to achieve Viet Nams goal of
effectively protecting of intellectual property rights and upholding
IP-related international commitments, the Ministry of Science and
Technologys Chief Inspector has promised.
Prime Minister Nguyen Xuan Phuc on Monday chaired the first meeting
with ministerial and sector leaders in Ha Noi seeking to remove
obstacles to the enforcement of Laws on Enterprises and Investment.
Final negotiations to complete a Forest Law Enforcement, Governance and
Trade (FLEGT) and Voluntary Partnership Agreement (VPA) between the
European Union (EU) and Viet Nam is expected to be completed by late
2015.
Hanoi Customs Department has collected VND442.47 billion (over US$21
million) in import-export tax arrears, gaining 81.11 per cent of its
target at mid-December.