FTAs

Update news FTAs

Vietnam exports more processed products to the U.S

VietNamNet Bridge - Vietnam is now exporting more high value products instead of raw materials to the U.S. market.

VN could struggle in protecting environment

 VietNamNet Bridge – Viet Nam will face challenges in implementing policies and laws on environmental protection, especially in industries seeing strong growth, said Nick Thorpe from the People and Nature Reconciliation centre.

Vietnamese brands struggle to conquer world market

Many free trade agreements (FTAs) and comprehensive partnership agreements have taken effect in the country. However, Vietnamese products bearing Vietnamese brands still find it difficult to conquer the world market.

Businesses rush to develop closed supply chains

VietNamNet Bridge - Developing closed supply chains appears to be the only solution for Vietnamese businesses to take full advantage of the preferences to be brought by free trade agreements (FTAs).

Vietnam economy under Nguyen Tan Dung’s 10-year prime ministerial term

Opening the market widely to foreign investors and developing infrastructure were the two important hallmarks of the Vietnam economy in the last 10 years under the management of the government headed by Nguyen Tan Dung.

Trying times for Vietnamese firms after TPP

  Besides its numerous benefits, the Trans-Pacific Partnership will bring a slew of challenges to the Vietnamese textile, apparel and footwear sectors.

Oil price reduction affects everyone in economy

The oil price reduction has had a big impact on everyone, from farmers, who are busy working on the rice fields and don’t care about what happens in the US or the Middle East, to stock investors who hold large amounts of oil & gas firms’ shares.

US investors pour money into Vietnam’s textile & garment industry

VietNamNet Bridge - US capital continues flowing into Vietnam in anticipation of the opportunities to be brought by TPP (Trans Pacific Partnership) and other free trade agreements (FTAs).

Are foreigners cornering Vietnam’s clothing and textile market?

Vietnam’s clothing and textiles industry has recorded average annual growth of 15% over the past five years and experts anticipate this trend to continue in the near term with gross export revenue reaching a record high US$30 billion

VN’s economy in 2016 – Year of integration

 VietNamNet Bridge – A string of Free Trade Agreements (FTAs) made ‘bumper’ debut in 2015, creating a solid foundation for 2016 which is so-called the year of economic integration.

Trade deficit won't stop growth

In 2015, Viet Nam had a trade deficit of US$3.2 billion after three consecutive years of posting trade surpluses. In 2016, the trade deficit could continue and even increase because many of the free trade agreements (FTAs) coming into effect. 

FDI reaches $23 billion in 2015

 VietNamNet Bridge – Foreign direct investment (FDI) registered in Viet Nam saw a year-on-year increase of 12.5 per cent in 2015 to reach US$22.76 billion, data from the General Statistics Office (GSO) revealed.

Overseas Vietnamese retain a role in national development

 VietNamNet Bridge – Vu Hong Nam, Deputy Foreign Minister and Chairman of the National Committee for Overseas Vietnamese, spoke to Dai Doan Ket (Great National Unity) newspaper about the role of Overseas Vietnamese.

FDI improvement in 2015

 VietNamNet Bridge – Despite global fluctuations in 2015, Vietnam has attracted a great deal of foreign direct investment capital. By the end of last month, newly registered or expanded FDI for Vietnam totaled over US$20 billion.

TPP - what is the cost for Vietnam?

"How much did Vietnam have to trade off to join TPP and the VN-EU Free Trade Area? We will have to pay dearly for them when the tax rate falls to zero percent," said Prof. Nguyen Mai, Vietnam Association of Foreign-Invested Enterprises' Chairman.

VN to up FDI in 2016: experts

 VietNamNet Bridge – Viet Nam is expected to attract more foreign investment next year and in the future due to the opportunities and advantages resulting from free trade agreements (FTAs), according to experts.

Vietnamese enterprises have two years to prepare for FTAs

 Businesses in the agriculture sector, especially breeding, would be most vulnerable to the effects of Free Trade Agreements (FTAs) and Trans-Pacific Partnership (TPP) with bigger partners.

The ghost of the trade deficit returns

MOIT has estimated that the trade deficit may be as high as $4 billion in 2015. Meanwhile, the Hong Kong and Shanghai Banking Corporation (HSBC) has predicted the figure would be higher than $6 billion, far outstripping last year’s $0.6 billion.

As Vietnam integrates more with the world, its weaknesses revealed

VietNamNet Bridge - Vietnam has joined 15 free trade areas (FTAs) at the same time, which has worried businesses of overlapping regulations. In its cooperation relationship with Japan, for example, Vietnam has participated in three different FTAs.

Logistics sector needs support

 VietNamNet Bridge – Logistics trading is not provided adequate conditions for development in Viet Nam though it is considered a cash cow sector,