Compliance costs challenge EU market access
07:20 | 10/08/2020 EVFTA
(VEN) - Taking effect on August 1, 2020, the EU-Vietnam Free Trade Agreement (EVFTA) is expected to offer new opportunities for Vietnamese exporters. Compliance will be the biggest challenge for them in accessing the EU market.
Exporters hail EU trade deal, steel themselves for strict standards
13:00 | 05/08/2020 Trade
(VEN) - Over the past two years, trade barriers have obstructed Vietnamese steel exports to the EU, which have also faced fierce competition. The EU-Vietnam Free Trade Agreement (EVFTA) is expected to help create a breakthrough in steel exports to that market as soon as it takes effect on August 1.
Enterprises prepare to boost seafood exports to the EU
06:00 | 03/08/2020 Trade
(VEN) - The seafood industry has set a US$2 billion target for seafood exports to the EU in 2021 based on the terms of the EU-Vietnam Free Trade Agreement (EVFTA), which will take effect on August 1. Enterprises are preparing in terms of farming areas, food safety certification and logistics infrastructure to take opportunities provided by the recently ratified pact.
Singaporeans snatch newly imported Vietnamese fruit
06:00 | 30/07/2020 Trade
(VEN) - Vietnamese lychees have been imported into Singapore for the first time on a large scale and are now available in the NTUC FairPrice supermarket chain. Vietnam Economic News’ Thu Phuong spoke with Vietnamese Commercial Counselor in Singapore, Dr. Tran Thu Quynh, about this breakthrough.
5 holiday insights on year-end consumption trend
10:07 | 29/07/2020 Trade
Ahead of the year-end holiday season, Facebook commissioned YouGov, a global public opinion and data company, to conduct an online survey of shoppers across Southeast Asia in December 2019 to Feb 2020. In addition, Facebook also analysed a variety of third-party sources from GlobalWebIndex, as well as Facebook conversion and conversation data from October 2019 to March 2020.
PM urges sustaining trade surplus despite export, import declines
06:00 | 23/07/2020 Trade
(VEN) - At a July 2 online conference between the Vietnamese government and localities, Prime Minister Nguyen Xuan Phuc asked sectors and localities to sustain the import-export goal and aim at a trade surplus this year. The country’s trade surplus reached a four-year record of US$9.9 billion in 2019.
Pepper export volume down 5.7 percent in first half
09:00 | 21/07/2020 Trade
Vietnam exported over 166,800 tonnes of peppercorn worth 356 million USD in the first half of 2020, down 5.7 percent in volume and 21.1 percent in value compared to the same period last year, according to the General Department of Customs.