Processing Tra fish for export (Photo: VNA)Can Tho (VNA) – The Vietnam Chamber of Commerce and Industry (VCCI) chapter inthe Mekong Delta City of Can Tho (VCCI Can Tho) on July 31 launched a portal whichwill provide information and advice related to the European Union – Vietnam FreeTrade Agreement (EVFTA) to businesses in the Mekong Delta region.
Theportal at https://www.vccimekong.com/vi/cac-cau-hoi-thuong-gap is hoped to support regional business in a quick, convenient, in-depth andefficient manner.
Nguyen Phuong Lam,Director of VCCI Can Tho, said this is anew and convenient way to consult and answer EVFTA-related questions, as well as to help enterprises work online withexperts if necessary, thus understanding more about the agreement.
The portal will also provide and update information on relevant policies andlaws, contributing to helping regional businesses fully tap opportunities brought about by the trade pact and improve their competitiveness.
According to the Import-ExportDepartment under the Ministry of Industry and Trade, the EU is one of the threelargest export markets of Vietnam besides the US and China. Last year, Vietnam'sexports to the EU market hit 41.54 billion USD, accounting for 15.7 percent ofVietnam's total export turnover.
Vietnam - EU bilateral trade increased nearly 13.8 times in the 2000 – 2019 period.Notably, Vietnam's exports to the EU rose nearly 15 times to 41.54 billion USDfrom only 2.8 billion USD.
When the EVFTA comesinto effect, many Vietnamese goods will benefit from tariff policies, includingkey products of the Mekong Delta such as Tra fish, shrimp and fruits.
According to VCCICan Tho, the approval of the EVFTA is expected to help Vietnam'sexport turnover to EU member countries surge by 45 percent by 2030,contributing to lifting the national GDP growth to 7 percent in the 2029-2030period./.
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