Eu vietnam free trade agreement

Madrid (VNA) – Vietnamese Ambassador to Spain Hoang Xuan Hai on May 28 handed over a decision appointing Pablo Rafael Gomez Falcon, a Spanish citizen as Vietnam’s Honorary Consul in Seville, in charge of the entire Andalusia region in a tenure from 2020 to 2023.  Congratulating the new Honorary Consul, Ambassador Hai expressed his belief that Pablo will learn about the Vietnamese community in Andalusia, guide them in following Spain’s laws and customs, and support Vietnamese citizens’ social and cultural activities. He is also expected to perform duties related to citizen protection in his consular region, and help foster the economic, trade and investment cooperation between Andalusia region and Vietnam so as to further develop the Vietnam-Spain strategic partnership. Pablo pledged to do his utmost to fulfil his missions as a honorary consul, and encourage more Spanish enterprises to survey the Vietnamese market, especially after the EU-Vietnam … [Read more...] about Spanish man appointed as Vietnam’s Honorary Consul in Seville

Upcoming EVFTA to fortify lenders, illustration photo The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement are set to amplify European giants’ presence in Vietnam. After the trade deal moves into effect, Vietnam will lift some limits on foreign ownership in local banks to 49 per cent in the next five years, with the exception of the four joint-stock commercial banks in which the state still holds a controlling stake. … [Read more...] about Upcoming EVFTA to fortify lenders

Hanoi (VNA) – Business and investment opportunities in Vietnam after the COVID-19 pandemic were discussed at a video talk held on May 29 by the Foreign Ministry, the Vietnamese Embassy in the UK and Asia House - a UK centre of expertise on trade, investment and public policy in Asia. The event saw the presence of Deputy Foreign Minister Bui Thanh Son, Asia House Chief Executive Michael Lawrence, and business executives from around 40 UK groups and major enterprises such as HSBC, De La Rue, KPMG, Prudential, and Standard Chartered. The talk is a valuable chance to connect UK businesses and Vietnamese Government agencies, said Son, adding that it helps popularise information about policies and increase cooperation opportunities in the context of the two countries taking drastic measures to control the COVID-19 and recover their economies. He told participants that Vietnam is working on a “dual target” of disease prevention and economic recovery and development, with … [Read more...] about Post-pandemic business, investment opportunities shared with UK firms

He also said that if Việt Nam wants to develop this industrial real estate segment, it must pay attention to the development of inland transportation system. It is the transportation system that helps factories to transport goods from one city to another and connects to the import-export system of goods. … [Read more...] about Hà Nội hopes to attract $38.3 mln of investment in H1

HÀ NỘI — Việt Nam's garment and textile exports in the first four months fell 10 per cent year-on-year to US$10.63 billion and could fall much further as buyers cancelled orders due to COVID-19, according to the Việt Nam Textile and Apparel Association (Vitas). … [Read more...] about Garment exports forecast to plummet due to lack of orders