Vietnam’s Minister of Industry and Trade Vu Huy Hoang and the EU’s Trade Commissioner Karel De Gutch officially began negotiations for a Free Trade Agreement between Vietnam and the EU in Brussels, Belgium, on June 26.
Progress in free-trade talks between the European Union and Vietnam may trigger a resurgence of investment in the Southeast Asian nation from companies within the 27-nation bloc, the EU’s top representative in Vietnam said.
The European Council finally gave the green light on May 31 for the European Commission to start negotiations with Vietnam on a free trade agreement.
Japan has agreed to accept nurses and caregivers from Vietnam under a bilateral economic partnership agreement on condition that they pass a Japanese language test, officials said.
Vietnamese Ambassador to the US Nguyen Quoc Cuong underscored Vietnam’s determination to speed up the negotiation of the Trans-Pacific Partnership (TPP) Agreement at a dialogue between ambassadors of the TPP member countries and the US New Democrat Coalition, in the US on March 28.
The EU hope negotiations for an FTA with Vietnam will be announced at the EU-ASEAN business summit taking place in Phnom Penh on April 1
The EU and the Vietnamese government have held a series of seminars on the Free Trade Agreement at working level and are now going to hold more at ministerial level.
Vietnam has agreed to kick off the negotiation for FTA with the Customs Union of Russia, Belarus and Kazakhstan in 2012
During a visit to Mexico last week, Nguyen Thi Kim Ngan, Vietnamese National Assembly Vice Chairwoman, met with Senator Alberto Anaya Gutierrez, General Secretary of the Mexican Labour Party, to review the friendship between the two countries.
When commenting about TPP, experts all agree that this is for first time Vietnam joins the negotiations for multilateral FTA (free trade agreement) with such a fast pace, broad scope of issues to be touched, and a high level of commitment and complexity.
Jayant Menon discusses the trade policy challenges faced by Cambodia, Lao PDR, Myanmar and Viet Nam (CLMV)—the newest members of ASEAN. The paper concludes that the multilateralised single-rate system is a better alternative to the multiple-rate system and thus suggests that CLMV countries should follow the original ASEAN members and multilateralize their CEPT tariff preferences. It encourages both old and new members to do the same, especially in the context of proliferating ASEAN+1 FTAs
German Chancellor Angela Merkel will push for the conclusion of a free-trade agreement between the EU and Vietnam, which is of great interest to German firms, during her visit to the Asian country this week.
A top US trade official on Tuesday said he urged Vietnam to undo a number of trade-restrictive policies aimed at curbing inflation and reducing the country’s current account deficit.
The US garment industry is supporting a "yarn forward" rule of origin proposed by the US Trade Representative (USTR) during the latest round of the Trans-Pacific Partnership (TPP) agreement negotiations. However, Vietnam presents a "special case".
Vietnam and the EU are now at the beginning of negotiations. Vietnam expects to benefit from exporting agricultural and aquaculture products to the EU market, while the EU hopes to export machines, equipment and automobiles to Vietnam.
More than 50 lawmakers voiced concern Wednesday about opening the US market to Vietnam’s textiles under a proposed Pacific Rim trade pact, saying the move would devastate the domestic industry.
The progress in negotiations over a free trade agreement between Vietnam and EU has almost ground to a halt since senior officials of both sides early last year agreed to start the talks.
Until now, Vietnam has not signed any bilateral or multilateral trade agreements with provisions on labor standards. The TPP may change this.
Vietnamese trade associations need to begin considering what concessions key sectors are willing to make in exchange for tariff reductions from the European Union, as the Free Trade Agreement with the EU comes up for negotiations.
Vietnam National Assembly will accelerate the negotiation process to facilitate the signature of a free trade agreement with the European Free Trade Association ahead of schedule.