Vietnam seeks Netherlands assistance in agricultural transformation plan
The EU - Vietnam Free Trade Agreement would serve as a driving force for enterprises from Vietnam and the Netherlands to expand cooperation.
The EU - Vietnam Free Trade Agreement would serve as a driving force for enterprises from Vietnam and the Netherlands to expand cooperation.
The two sides should target to triple bilateral trade by 2025, while a direct flight between Hanoi and Tel Aviv is on the cards.
Hanoi hopes trade link will support its export-driven economy while London is trying to secure trade deals ahead of the transition period after Brexit.
Both Vietnam and the UK are looking for a trade deal after Brexit.
Israel is Vietnam’s trusted partner in the Middle East, stated a Vietnamese central banker.
The EVFTA is an opportunity for Hanoi to boost cooperation in trade and investment with EU member countries, said Hanoi’s mayor Nguyen Duc Chung.
The EVFTA is the EU’s “vote of confidence” of Vietnam's ongoing reform efforts, as well as the country’s strategic significance in the global stage, stated a EuroCham senior executive.
This is the second FTA that the EU has ever made with a Southeast Asian country, after Singapore.
The EU-Vietnam agreement is the most comprehensive trade agreement the EU has concluded with a developing country.