The first EU – Vietnam Global Gateway Business and Investment Forum is scheduled to take place in Hà Nội on March 24, aiming to deepen economic and investment cooperation between the two sides.
Việt Nam aims to complete provincial forest boundary databases and maps befor the end of this year in a move critical to helpin the timber industry adapt with the European Union’s anti-deforestation rules and maintain exports.
The Vietnam Trade Office in Poland has urged exporters to tighten management on product quality after Polish authorities returned a 22-tonne shipment of cinnamon from Việt Nam due to mould.
In an era marked by rising global tensions and trade fragmentation, the EVFTA stands as a testament to inclusive, rules-based cooperation – one rooted in shared values, sustainability and long-term strategic alignment.
This marks a significant milestone for Việt Nam, providing a reliable information platform to assist businesses in complying with the European Union''s Deforestation Regulation (EUDR).
Under Decree 66, remanufactured goods must now meet a number of criteria, including certification of eligibility and compliance with origin rules established under the EVFTA and UKVFTA.
The survey of enterprises’ awareness of the EVFTA was conducted by the Centre for WTO and International Trade under the Vietnam Chamber of Commerce and Industry (VCCI).
Logistics remain a key factor in Viet Nam''s ability to capitalise on the benefits of the EU–Vietnam Free Trade Agreement (EVFTA), said experts and policymakers.
Meeting the EU''s Sanitary and Phytosanitary Standards (SPS) remains a challenge for Vietnamese food exporters as the country''s seeking greater integration in the global food supply, said industry experts and policymakers.
Vietnamese businesses should adopt responsible timber trade practices to bridge the gap between Viet Nam''s law and the its agreement with the EU on forest law enforcement, governance and trade
According to the General Statistics Office, foreign investment as of October 20 was US$23.48 billion, equivalent to less than 81 per cent of the figure for the same period last year.
More and more Italian textile firms are investing in Viet Nam to take advantage of the EU-Vietnam Free Trade Agreement and export to the European market, experts said.