Talking to the press, Hai said the EU-Vietnam Free TradeAgreement (EVFTA), the UK-Vietnam Free Trade Agreement (UKVFTA) and the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP) have becomeeffective, and the Regional Comprehensive Economic Partnership (RCEP) is aboutto come into effect.
For the EU market, several Vietnamese commodities haveenjoyed incentives of the EU’s Generalised System of Preferences (GSP) foryears.
However, for the long term, taking advantage ofopportunities brought about by the EVFTA is a sustainable and equal preference.Specially, for the commodities that Vietnam has advantage, they can enjoypreferences on origins combined in the EVFTA, Hai said.
He advised enterprises to bring into full play advantages ofthe agreement by understanding the advantages for their commodities and thenchange their production process and material supply to meet requirements oforigin.
Looking back on the import-export figures in the firstquarter, Hai said, electronic products, electric appliances and furniture arethe most benefitted as increasing demand from the European and North Americanmarkets.
However, such products as garment and textiles and footwearare facing difficulties caused by the disruption of the supply chains.
Hai also proposed businesses take the initiative and makegood preparations to deal with any possible instable factors.
During January – March, Vietnam’s import-export turnover isestimated at 152.65 billion USD, up 24.1 percent year-on-year./.