Belgium workshop looks into EVFTA, EVIPA

A workshop was held at the headquarters of the European Parliament (EP) in Brussels, Belgium, on January 28 to clear up parliamentarians’ concern regarding the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).
Belgium workshop looks into EVFTA, EVIPA ảnh 1At the workshop (Photo: VNA)

Brussels (VNA)
– A workshop was held at the headquarters of the European Parliament (EP)in Brussels, Belgium, on January 28 to clear up parliamentarians’ concernregarding the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-VietnamInvestment Protection Agreement (EVIPA).

The event, which tookplace before the two deals are approved at a plenary session of the EPscheduled for mid-February, brought together the EU’s trade commissioner PhilHogan, Vietnamese Deputy Minister of Industry and Trade Tran Quoc Khanh,Chairman of the EP’s Committee on International Trade (INTA) Bernd Lange, INTA’s rapporteur to EVFTA GeertBourgeois, EU Ambassador to Vietnam Giorgio Aliberti, and nearly 120 delegateswho are European parliamentarians and representatives of EU organisations and businessassociations.

PhilHogan said the economies of Vietnam and EU members are reciprocal.Therefore, the agreements would help the EU enhance its access to theVietnamese market and pour more investment into the Southeast Asian nation.

Hedescribed the signing of the deals as a milestone in the EU-Vietnam relations,expressing his hope that they will sail through the EP during theupcoming plenary session.

Speaking at the workshop, Khanh said trade accounts for more than 200 percentof Vietnam’s gross domestic product (GDP), and has helped nearly 30 million Vietnamesepeople escape from poverty over the past two decades.

Vietnam has actively committed to implementing the multilateral trade policydespite the increasing protectionism, he said, elaborating opportunitiesgenerated by the EVFTA to European firms once the deal comes into force.

Thepact will benefit not only businesses but also consumers and labourers, hestressed.

TheVietnamese Ministry of Industry and Trade submitted the dossier recommendingthe ratification of the two agreements to the National Assembly, the officialsaid.

Accordingto Geert Bourgeois, the ratification of the agreements will reflect that the EUis a trust-worthy partner in the negotiation and signing of FTAs.

Helauded the Vietnamese Government’s commitments regarding rights of employees,human rights and the environment, and called for the strong support of Europeanparliamentarians and the Vietnamese legislature so that the deals will beratified and become effective.

Some European parliamentarians expressed their concerns over such issues asrights of labourers, possible impacts of some Vietnamese agricultural productson EU member countries, the popularisation of benefits brought by the FTAamong Vietnamese small-and medium-sized enterprises.

Theirconcerns have been cleared up by representatives of EU organisations operating inVietnam, trade commissioner Phil Hogan and Deputy Minister Khanh./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.