EVFTA vital to Vietnam’s trade integration: Eurocham leader
The EU-Vietnam FTA (EVFTA) will play a vital role in Vietnam’s global trade integration, helping the country become a promising business and investment market in ASEAN for European firms.
Head of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh (R)meets with Chairman of Eurocham in Vietnam Jens Ruebbert (Source: VNA)
Hanoi (VNA) – The EU-VietnamFree Trade Agreement (EVFTA) will play a vital role in Vietnam’s global tradeintegration, helping the country become a promising business and investment marketin ASEAN for European firms.
The comment was made by Chairman of the European Chamber of Commerce (Eurocham) in Vietnam Jens Ruebbertwhile meeting Head of the Party Central Committee’s Commission for EconomicAffairs Nguyen Van Binh in Hanoi on April 19.
During the meeting, Binh hailed EuroCham’s activities in Vietnam, and itssupport for the country in improving business climate and national competitivenessin recent years.
While congratulating JensRuebbert on his election as Chairman of Eurocham in the 2017-2018 tenure, Binhexpressing his belief that the guest will work hard to enhance links betweenthe chamber and Vietnamese agencies in issues of common concern.
He also stressed Vietnam’s priorities of stepping up reforms to perfect thecountry’s economic institution, creating a competitive and fair businessclimate, and improving the national economy’s competitiveness. He affirmed thatVietnam always welcomes European enterprises to invest in the country.
He suggested Eurocham continue effectively cooperating with Vietnam’s agenciesand organisations in the coming time, contributing to promoting the relationsbetween Vietnam and the EU.
On the occasion, Jens Ruebbert introduced the White Book 2017 of the chamber,which analyses opportunities and challenges brought by the EVFTA.
He also proposed several measures to fine-tune Vietnam’s investment andbusiness climate.-VNA
The parliament of Wallonia, a region of Belgium, organised a discussion session on December 1 on the Vietnam-European Union (EU) Free Trade Agreement (EVFTA) at Namur city, the region’s capital city.
European investors are running 1,809 valid projects worth 23.16 billion USD in Vietnam, accounting for 8.7 percent and 8 percent of total EU projects and investment in the country.
Vietnam’s hopes for a FTA-driven economic rise within ASEAN must now rely on the only free trade agreement seen as realistically achievable, the EU-Vietnam FTA, experts said at a conference on February 16.
President of the Vietnam Fatherland Font (VFF) Central Committee Nguyen Thien Nhan hosted a reception for Ambassador Bruno Angelet, head of the EU Delegation to Vietnam in Hanoi on April 11.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Head of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh (R)meets with Chairman of Eurocham in Vietnam Jens Ruebbert (Source: VNA) 
