European media continue to publish many articles presenting positive assessment of the recent signing of the free trade and investment protection agreements between the European Union (EU) and Vietnam.
At the signing ceremony of the EVFTA and EVIPA (Source: VNA)
Hanoi (VNA) - European media continue to publish many articles presenting positiveassessment of the recent signing of the free trade and investment protectionagreements between the European Union (EU) and Vietnam.
Euractiv quoted a statement by the European Council (EC) as saying that this is the most ambitious trade agreement that EU hassigned with a developing country.
Itcited Hanns Günther Hilpert from the civil lawfoundation Stiftung Wissenschaft und Politik as saying: “This is important forthe European industry and that the agreements are sending a strong messagethat any agreement that the EU currentlyconcludes should be read as a criticism of US trade policy, and that “tradeliberalisation is not dead,”.
Meanwhile, I’Echo of Belgium said the EU aims to strengthen its positionin Vietnam, considering Vietnam as one of its main trading partners.
According to euronews.com, with the signing of the EU-Vietnam Investment ProtectionAgreement (EVIPA), EU’s investment to Vietnam is expected to increasesignificantly. This agreement will replace old bilateral agreements and providehigh investment protection through well-defined standards.
French-languageLe Figaro website also ran an article, emphasizing that although Vietnam isstill considered a small country, it is the EU's second largest trading partnerin ASEAN.
Les Echos of France said this event is a political and commercial opportunityfor Vietnam.
Accordingto irishexaminer.com website of Ireland, the EVFTA is a good deal for the EU member states, particularlyIreland, and it especially creates a great chance for Irish exporters ofagriculture products.
It also sends a clear signal to theUS that free trade is the future, the newspaper said.
Meanwhile,Insider Stories said the EVFTA helpsfurther strengthen the EU’s involvement with the Southeast Asian region, whichcontributes to fostering cooperation between the ASEAN and the EU, towards closer tradeand investment relations between the two regions.
In addition to economic benefits, the agreementalso aims to promote sustainable development in Vietnam and the EU, it added./.
The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Promotion Agreement (EVIPA) are expected to help promote the comprehensive partnership and trade relations between Vietnam.
A dialogue took place in Hanoi on July 1 to discuss opportunities for Vietnamese enterprises resulted from the just-signed EU – Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA).
The EU-Vietnam Free Trade Agreement (EVFTA) helps ensure the access of German products to Vietnam, as well as investment of German entrepreneurs into this increasingly important market, according to a German official.
The International Labour Organisation (ILO) has welcomed the signing of the EU-Vietnam free trade agreement (EVFTA) on 30 June in Hanoi, which promotes the respect for fundamental labour rights as a basic condition for fair international trade.
The European Union – Vietnam Free Trade Agreement (EVFTA), once taking effect, will benefit the agricultural sector of Vietnam which is leading the world in pepper exports and ranking second in terms of coffee exports, third in rice, fourth in seafood and fifth in wood and wood products.
Insiders have recommended Vietnam pay attention to developing weaving and other production activities supporting the textile-garment sector to make best use of the EVFTA, a freshly-inked free trade agreement with the European Union.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
Univers said in a statement that the new centre will serve as a hub for innovation, bringing together digital intelligence and climate ambition to accelerate Sarawak's transition toward a low-carbon, tech-enabled economy.
The target is to be completely free from plastic waste within two years. This can only be achieved if all parties implement the initiative with strong discipline.
Indonesia is taking new steps to improve protections for fishery workers, amid concerns over low wages, harsh working conditions, and limited access to social welfare.
The 2025 ASEAN- the Republic of Korea (RoK) Connectivity Forum that opened in Jakarta on June 17 reaffirmed a shared commitment to shaping a connected, resilient future by advancing the ASEAN Connectivity Strategic Plan.
The desk will serve as a service centre providing market intelligence, business licensing guidance, facilitating business cooperation, identifying potential investment projects, and harmonising regulatory policies between the two parties.
Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.
The new halal cooperation arrangement will streamline halal certification and product assurance processes, making it easier for New Zealand exporters to access the Indonesian market.