No place for inefficient enterprises in EVFTA: PM
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.
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.
EuroCham remains committed to promoting Vietnam as an open, competitive, and attractive place and to fostering more European investment and trade in the future.
The government would deal with specific proposals to facilitate trade reconnection and resumption of supply – demand activities.
EVFTA takes effect at the right time as Vietnam is recovering from the Covid-19 pandemic and the deal is expected to boost the Vietnam-EU relations.
The success of the conference, which was demonstrated by the participation of nearly 2,000 delegates and over US$17.6 billion in investment capital committed by both foreign and domestic investors, showcased Hanoi’s attractiveness as a secure and stable investment destination.
Representatives of European organizations explained to Hanoitimes what the future holds for Vietnam–EU business cooperation on the sidelines of the “Hanoi 2020 – Investment and Development Cooperation” conference on June 27.
Vietnam is currently a front-runner in the Covid-19 fight, said Nicolas Audier, chairman of the European Chamber of Commerce in Vietnam (EuroCham).
Accelerating the implementation of e-government and digital transformation will lure more investment into Vietnam.
The EuroCham Business Climate Index plunged to its lowest-ever score in the first quarter of 2020 due to impacts from the Covid-19 pandemic.
The EVFTA holds significant meaning as it opens up huge opportunities for Vietnamese enterprises to penetrate the EU markets.