EU

Update news EU

Vietnam needs to control export volume to enjoy EU’s GSP

 VietNamNet Bridge – Vietnam has been advised to take strict control over the export to the EU market in order to be the long term beneficiary from the EU’s Generalized System of Preferences (GSP).

EU to recognize Vietnam’s market economy next year

 VietNamNet Bridge – It is likely that the European Union (EU) will recognize Vietnam as a market economy when negotiations of the Vietnam-EU free trade agreement (FTA) end.

EU warns trade deal under threat over US bugging claims

 A long-awaited trade deal between the European Union and the United States could be in jeopardy over allegations that Washington bugged EU offices,

EU faces tough talks on bank sector reform, bailouts

 Eurozone finance ministers meet Thursday amid sharp differences over banking sector reforms -- trying to resolve whether taxpayers or creditors pay for future bailouts.

EU pledges nearly US$1 bln in aid for Vietnam

 VietNamNet Bridge – The European Union has committed EUR743 million (US$965 million) in official development assistance for Vietnam in 2013, making it the country’s largest aid donor.

BUSINESS IN BRIEF 9/6

 Delta urged to stockpile rice to keep price stable; Sugar inventory continues to rise; Convenience shop popularity threatens local supermarkets; Mining companies see licenses revoked; Bentley to open sale agent in Vietnam

France in firing line as EU sets economic guidelines

 Struggling France will likely be the focus Wednesday when the European Commission sets down the economic and fiscal lines it expects EU member states to follow in the search for desperately needed growth and jobs.

EU seeks to unleash crackdown on tax evasion

European finance ministers bid to unlock a trillion-euro annual crackdown on tax evasion, under pressure from EU leaders looking for new measures to boost job creation and growth at their Brussels summit next week.

EU, ASEAN share integration experience

The EU-ASEAN Economic and Policy Forum took place in Jakarta, Indonesia on April 18, creating a chance for the two sides to share experience in their economic integration.

EU deal to tackle mining corruption

 EU legislators struck an anti-corruption deal that aims to force big mining companies to make public the payments they make to governments where they operate, officials said.

BUSINESS IN BRIEF 20/3

Printing company forced to shut up shop; Tech firm shares suspended after losses; Company reprimanded for late disclosure; Rubber firm breaks VND3 trillion mark; Land price evaluation needs support

PM greets former prime ministers Tony Blair and Romano Prodi

VietNamNet Bridge – Viet Nam attached importance to enhancing multi-faceted cooperation with the UK and the EU, Prime Minister Nguyen Tan Dung told former UK Prime Minister Tony Blair in Ha Noi yesterday.

BUSINESS IN BRIEF 19/3

HCM City’s trade promotion focuses on regional countries; Gov’t pledges support for Samsung; Big home loan rate cuts unlikely: experts; Funds prioritized for key traffic projects in city

Promoting relations with Western European countries

Party General Secretary Nguyen Phu Trong and a high-ranking Vietnamese delegation paid official visits to Belgium, the European Union (EU), Italy and the UK from January 17-24, 2013.

Bionic eye gives hope to the blind

 After years of research, the first bionic eye has seen the light of day in the United States, giving hope to the blind around the world.

EU's grand ambitions threatened by budget dispute

 The European Union's massive spending on farm subsidies and infrastructure projects will be in the spotlight at difficult talks this week to set the bloc's next longterm budget.

Party chief’s West Europe trip a success

Party General Secretary Nguyen Phu Trong’s tour of Belgium, the EU, Italy and the UK from January 17-24 has created strong momentums for Vietnam to foster its comprehensive relations with important partners in Europe.

Argentina slams EU, US over WTO trade complaints

 Argentina on Thursday condemned what it called "coordinated" charges of protectionism lodged against it by the United States and European Union at the World Trade Organization.