FTAs

Update news FTAs

FTAs give impetus to fulfill footwear export target of US$27 billion

With local businesses taking full advantage of various free trade agreements (FTAs), the leather and footwear industry is projected to fulfill the export goal of between US$26 billion and US$27 billion this year.

FTAs create both opportunities, challenges for Vietnam's auto industry

There are many opportunities as well as challenges for the automobile industry when Vietnam is implementing international commitments under free trade agreements (FTAs), heard a seminar organised by Hai Quan (Customs) magazine in Hanoi on May 24.

Vietnam to cash in on FTAs, trade promotions to boost exports

The Ministry of Industry and Trade will capitalise on signed free trade agreements (FTAs) to diversify markets, step up trade promotions and shift to exports through official channels with a view to gaining $377 billion in export revenue this year.

Firms supported to bring into full play ASEAN’s FTAs

A business information portal at https://business.gov.vn and the ASEAN Access portal at https://aseanaccess.com were introduced with the aim of supporting enterprises in accessing market information at a workshop in HCMC on December 8.

Ministry reports difficulties in next-generation FTA implementation

The Ministry of Industry and Trade (MOIT) has submitted to the government a report about problems related to implementation of next-generation free trade agreements (FTAs).

Trade ministry to publish FTA Index, facilitate utilisation of free trade deals

The Ministry of Industry and Trade is focusing on improving provinces’ capabilities in helping local businesses take advantage of free trade agreements such as the UKVFTA and EVFTA, including by issuing an FTA Index by the end of 2023.

Vietnam lacks human resources experts in implementing FTAs

Vietnam is in dire need of qualified personnel to implement new generation Free Trade Agreements (FTAs), heard a conference.

FTA boosts trade between Vietnam, Eurasian Economic Union

The free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU) has made important contributions to two-way trade between Vietnam and members of the union, representatives from the two sides said at a recent meeting.

RCEP states already looking to expand trade participation

Just a few months after it came into being, the Regional Comprehensive Economic Partnership has decided to expand its membership, with Vietnam expected to be a big trade beneficiary.

EVFTA a milestone in VN-EU bilateral cooperation

The VN-EU Free Trade Agreement (EVFTA) has been a milestone during the 30-year relationship between the Southeast Asian country and the European Union, ushering in a new era of bilateral cooperation and development.

Vietnam not letting up in free trade deal bonanzas

Since its national establishment in September 1945 and the country’s opening doors to the world economy 37 years ago, Vietnam has reaped significant economic bonanzas from a large network of economic links, including free trade agreements.

Exports add tens of billions of USD to coffers thanks to FTAs

Vietnam’s exports have gained tens of billions of USD each year from free trade agreements (FTAs) that Vietnam is a signatory, the Ministry of Industry and Trade (MoIT) revealed.

Vietnam and Israel to soon implement bilateral free trade agreement – VIFTA

Vietnam and Israel will soon complete related procedures to kick-start the implementation of the recently signed free trade agreement (VIFTA) between the two countries.

Interest rate cuts expected to revitalize businesses

Experts say the State Bank of Vietnam (SBV) is expected to cut interest rates further to rates seen during the pandemic. However, the effectiveness of the cut is unclear.

Vietnam signs 15 FTAs with foreign partners

Vietnam is the only country which has signed FTAs with all major economic partners namely the U.S., Japan, China, the EU, South Korea , the UK and Russia.

Exports decline, Ministry warns of 'unequal' competition

Some developed countries have installed new technical barriers, such as requirements on clean energy and low-carbon production. These are the ‘new rules of the game’ which has put Vietnam in an unequal race.

Vietnam extends trade reach with upcoming agreements

While Vietnam will trigger negotiations on an economic cooperation agreement with the United Arab Emirates, it is also seeking a free trade deal with some South American nations in a bid to amplify trade.

Vietnam, UAE work towards FTA negotiations

Minister of Industry and Trade Nguyen Hong Dien and Minister of Energy and Infrastructure of the United Arab Emirates (UAE) Suhail bin Mohammed Al Mazrouei

Vietnam, Australia utilise FTAs to boost economic and trade co-operation

Vietnamese and Australian businesses have been advised to maximise incentives of free trade agreement (FTAs) in a bid to increase investment and ramp up economic and trade co-operation moving forward, according to insiders.

Vietnam, Israel conclude FTA negotiations

Vietnam and Israel on April 2 announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year.