Econ
Speeding up the economic integration process
Deputy Prime Minister Vu Van Ninh, Head of the Inter-sector Steering Committee for Economic International Integration chaired the first meeting of the Steering Committee held in Hanoi on April 16.
Attending the meeting were Minister of Industry and Trade Vu Huy Hoang and members of the Steering Committee.
Speaking at the conference, Deputy Prime Minister Vu Van Ninh requested ministries and sectors involved to speed up the integration process.
He also pointed out to several shortcomings, including weak coordination in the Steering Committee and between relevant offices, ineffective communication works, and the lack of activity in companies and localities.
According to Minister Hoang, the FTA between Vietnam and the EU is likely to be inked in June, while that with the Eurasian Economic Union of Russia, Belarus and Kazakhstan may come to an end in May or June at the latest.
Vietnam and the RoK intend to sign their trade agreement on May 5.
Negotiations on the Regional Comprehensive Economic Partnership (RCEP) agreement are also expected to conclude at the end of this year, the minister said, adding that the Ministry of Industry and Trade is preparing to start negotiations on another FTA with Israel.
Participating the meeting, delegates suggested renewing communication activities by directly disseminating the effects of economic integration in each sector and on each product to local people and companies.
Speaking at the conference, Deputy Prime Minister Vu Van Ninh requested ministries and sectors involved to speed up the integration process.
He also pointed out to several shortcomings, including weak coordination in the Steering Committee and between relevant offices, ineffective communication works, and the lack of activity in companies and localities.
Panorama of the meeting
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Vietnam and the RoK intend to sign their trade agreement on May 5.
Negotiations on the Regional Comprehensive Economic Partnership (RCEP) agreement are also expected to conclude at the end of this year, the minister said, adding that the Ministry of Industry and Trade is preparing to start negotiations on another FTA with Israel.
Participating the meeting, delegates suggested renewing communication activities by directly disseminating the effects of economic integration in each sector and on each product to local people and companies.
