According to the Ministry of Industry and Trade, in the first ten months of 2024, Việt Nam''s trade value with the Americas region reached more than US$136.5 billion, an increase of 20.7 per cent over the same period in 2023.
The FTAs have opened up many doors for Vietnamese products to enter potential markets, including many demanding markets with high requirements and standards.
The Ministry of Industry and Trade (MoIT) is set to actively coordinate with other ministries and sectors to step up the negotiations and signing of new free trade agreements (FTAs) with potential partners.
Việt Nam''s businesses need to more effectively exploit bilateral and multilatral free trade agreements to promote trade between the two countries, according to experts at a workshop held in Hà Nội on Thursday.
The Ministry of Industry and Trade and other relevant agencies are focusing on helping businesses access credit on favourable terms to help them exploit new-generation free trade agreements such as the UKVFTA and EVFTA.
In order to maintain production and business and jobs for workers, export enterprises in the southern coastal province of Bà Rịa-Vũng Tàu are trying to find new orders, take advantage of free trade agreements (FTAs) in effect, and wait for...
The 15 free trade agreements (FTAs) to which Viet Nam is a member are expected to give a boost to Viet Nam’s export activities this year, towards the growth target of 6 per cent.
The country''s trade surpassed the milestone of $700 billion in value to hit $73.5 billion in 2022, a rise of 9.5 per cent against the same period of the previous year, according to the s of the General Statistics Office.
To date, Việt Nam has signed 15 FTAs with many countries and regions, of which the UK-Việt Nam Free Trade Agreement (UKVFTA) was the latest put into force in May last year.
As production has recovered, and local businesses can meet orders and effectively take advantage of FTAs, experts expected local exports to reach a milestone of US$400 billion this year.
Enterprises, as the driving force for economic development, need to be more proactive in developing business and production plans in the context of the COVID-19 pandemic, especially taking more advantage of free trade agreements (FTAs) to increase exports. Minister of...
Since joining the World Trade Organisation 15 years ago, Viet Nam has become a part of 17 FTAs, which are either under negotiation or underway. This has helped a momentum for the country''s exports.
Trade remedies should be utilised more and in a more effective way to ensure fair competition and protect domestic production in the context of Vietnam’s deeper integration into the global economy through joining more free trade agreements (FTAs), according to...
Last year, exports of Viet Nam and Singapore to the EU increased by about 18 per cent and 12 per cent, respectively. Viet Nam also witnessed an impressive growth rate in exports to the UK recently.