EVFTA disseminated among businesses

The Vietnam Chamber of Commerce and Industry (VCCI) said on May 27 it is actively promoting the dissemination of the EU-Vietnam Free Trade Agreement (EVFTA) among the country’s business community, helping them grasp opportunities and access incentives when the deal is implemented.
EVFTA disseminated among businesses ảnh 1Processing seafood for exports (Photo: VNA)

HCM City (VNA) -
The Vietnam Chamber of Commerce and Industry (VCCI)said on May 27 it is actively promoting the dissemination of the EU-Vietnam FreeTrade Agreement (EVFTA) among the country’s business community, helping them graspopportunities and access incentives when the deal is implemented.

Negotiations began and ended amid the rapid development of economic, trade, and investment relationsbetween Vietnam and the EU. The deal is expected to have a positive impact on both,with tariffs on nearly 100 percent of Vietnam’s exports to the EU to be eliminatedafter a short period of time.

Among all its FTAs, the EVFTA has the highest level of commitment from apartner to Vietnam. Many experts believed it will create a huge boost for the country’sexports, helping it diversify markets and export items.

VCCI said it will coordinate with the Ministry of Industry and Trade, theVietnam International Arbitration Center, the European Chamber of Commerce in Vietnam(Eurocham), the General Department of Vietnam Customs, and the Central Institutefor Economic Management to host workshops entitled “International trade under theEVFTA - Incentives and opportunities Vietnamese businesses need to take advantageof”.

Slated for June 17 in Hanoi and June 19 in HCM City, the workshops willprovide the latest information on Government policies encouraging economic recoverypost-COVID-19 as well as on prospects in Europe for certain Vietnamese goods, diseasecontainment and trade exchanges between European countries, and legal issues ininternational trade./.

VNA

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