Legislators adopted a resolution recognising and permitting the enforcement of rulings issued by dispute settlement agencies under the EU-Vietnam Investment Protection Agreement (EVIPA) with 95.3 percent of votes in favour, during the ongoing ninth session of the 14th National Assembly in Hanoi on June 18.
Workers at a manufacturing factory of electronic products in Vietnam (Photo: VNA)
Hanoi (VNA) – Legislators adopted aresolution recognising and permitting the enforcement of rulings issued bydispute settlement agencies under the EU-Vietnam Investment ProtectionAgreement (EVIPA) with 95.3 percent of votes in favour, during the ongoingninth session of the 14th National Assembly in Hanoi on June 18.
The EVIPA, signed between the European Union(EU) and Vietnam on June 30 last year in Hanoi, is expected to create a favourableenvironment for Vietnam to attract further investment in categories where theEU holds strengths, such as finance, telecommunications, transport,distribution, processing, hi-tech manufacturing, and clean and renewableenergy.
According to the Ministry of Planning andInvestment, the implementation of the commitments in the EVIPA, which was ratifiedby the National Assembly earlier this month, will encourage Vietnam to improveits institutions and policies, making the country’s investment and business environmentmore transparent and welcoming.
The deal will offer opportunities for localenterprises to acquire technologies and skills transferred by partners in theEU, improving the competitiveness of the national economy, the ministry said,adding that Vietnam should complete earlywarning mechanisms to address investment disputes./.
The EU-Vietnam Investment Protection Agreement (EVIPA) is expected to create a favourable environment for Vietnam to attract further investment in fields where the EU holds strengths, such as finance, telecommunications, transport, distribution, processing, hi-tech manufacturing, and clean and renewable energy.
The recent ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) by the National Assembly, along with the decision by the European Parliament (EP) to adopt the two agreements, confirms the desire and determination of the two parties to further deepen bilateral relations 30 years after establishing diplomatic ties, according to Deputy Foreign Minister Bui Thanh Son.
The 14th National Assembly will discuss and decide on a number of important issues during the final working week of the ongoing ninth session from June 15-19.
The 14th National Assembly continued its ninth working day of the second stage of the ongoing ninth session in Hanoi on June 17 under the chair of NA Chairwoman Nguyen Thi Kim Ngan.
Legislators will vote on June 18 morning the law amending and supplementing some articles of the Law on the Issuance of Legal Documents, and the resolution recognising and permitting the enforcement of rulings issued by dispute settlement agencies under the EU-Vietnam Investment Protection Agreement (EVIPA).
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Workers at a manufacturing factory of electronic products in Vietnam (Photo: VNA) 
