At a reception for Chairman of the EU Military Committee, General Mikhail Kostarakos in Hanoi on December 5, Deputy PM Minh suggested Vietnam and the EU intensify the exchange of all-level delegations, especially high-level ones, share experience in the areas of shared concern and build cooperation frameworks and mechanisms. Deputy Prime Minister and Foreign Minister Pham Binh Minh (R) and Chairman of the EU Military Committee, General Mikhail Kostarakos The two sides should step up collaboration in such areas as training, cyber security and information-technology, UN peacekeeping operations, search and rescue, military medicine, humanitarian aid, disaster relief and settlement of bomb and mine consequences in Vietnam. Vietnam is integrating into the world across the fields, from politics to economy, culture and national defense and security, the Deputy PM said, noting that in the sphere of national defense, the country has actively participated in cooperation activities … [Read more...] about Vietnam, EU step up defense cooperation
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Seminar seeks ways to boost exports to EU
Over the past years, bilateral trade has been growing strongly and Vietnam has seen a trade surplus with the bloc. Two-way trade rose from US$4.1 billion in 2000 to US$45 billion in 2016, making the EU one of the leading trade partners of Vietnam. During the period, Vietnam’s exports to the EU soared from US$2.8 billion to US$ 34 billion and Vietnam’s imports from the bloc increased from US$ 1.3 billion to US$ 11 billion. However, the EU is one of the markets with strict technical regulations aimed at protecting people’s health, the environment and sustainable development.Quan requested firms to prepare enough documents to ensure that wood exploitation and processing must abide by the EU’s regulations. As a number of exporters have yet to meet strict requirements on origin of products, they were also asked to build plans on supply chain adjustments, thereby tapping preferential tariffs once the EU-Vietnam Free Trade Agreement takes … [Read more...] about Seminar seeks ways to boost exports to EU
Vietnam enhances defence ties with EU
While receiving a delegation from the EU Military Committee (EUMC) led by its Chairman General Mikhail Kostarakos in Hanoi on December 5, Lich thanked for his positive assessments about Vietnam’s role and position in the international arena.Kostarakos believed that the EUMC delegation’s visit will open up more cooperation opportunities for bilateral defence relations.He expressed his hope that the two sides will increase the exchange of information and boost collaboration in training personnel in the fields of maritime security, United Nations peacekeeping, settlement of war consequences, disaster relief and army medicine.Earlier, General Kostarakos and Deputy Minister of National Defence Senior Lieutenant General Nguyen Chi Vinh co-chaired bilateral defence talks between Vietnam and the EU.The two sides exchanged views on the world and regional situation, informed each other about their respective defence policies and set out cooperation orientations for the coming … [Read more...] about Vietnam enhances defence ties with EU
Deputy PM Minh welcomes Chairman of EU Military Committee
Deputy PM, FM Pham Binh Minh (R) welcomes Permanent Chairman of the European Union Military Committee Mikhail Kostarakos at the Government Office in Ha Noi on December 5, 2017. Photo: VGP Deputy PM made the above statement at his reception for Mikhail Kostarakos at the Government Office in Ha Noi on Tuesday.The PCA, which was signed in 2012 and took effect since October 1, 2016, has proved to be effective, contributing to boost the relations between Viet Nam and the EU, Deputy PM Minh noted.He also said both sides have had various contacts and meetings on the sidelines of the international conferences and summits, and most recently PM Nguyen Xuan Phuc met with President of the European Council Donald Tusk in Manila, the Philippines last November.Deputy PM suggested both sides should beef up the exchanges of delegations and share experiences in the fields of mutual concerns while considering improvement of legal framework for defense cooperation.Viet Nam … [Read more...] about Deputy PM Minh welcomes Chairman of EU Military Committee
Ample opportunity for Vietnam’s exports to EU market
Opportunities for Vietnam’s exports to the EU market were discussed at a seminar hosted by Vietnam Trade Promotion Agency (VIETRADE) on December 5 in Hanoi with a view to further developing economic and trade ties between Vietnam and nations of the European Union.The event also ensured Vietnamese businesses are up to date on the latest information regarding the EU market and export opportunities. According to the Ministry of Industry and Trade, two-way trade turnover between Vietnam and the EU increased 11 fold from US$4.1 billion in 2000 to more than US$45 billion in 2016. The EU is one of Vietnam’s leading trade partners. As of October 2017, the Southeast Asian nation’s import-export turnover to the EU nearly reached US$42 billion, up 14%.Under the Vietnam-Europe Free Trade Agreement (EVFTA) commitments, which will take effect next year, 99% of tariff lines will be removed within seven years for the EU and within 10 years for Vietnam.For the remaining tax lines, … [Read more...] about Ample opportunity for Vietnam’s exports to EU market