Vietnam sets target of removing EC's yellow card on fisheries this year
The European Commission has recognized Vietnam’s progress in combating IUU fishing in terms of legal matters, seafood origin, and boat tracking.
The European Commission has recognized Vietnam’s progress in combating IUU fishing in terms of legal matters, seafood origin, and boat tracking.
Combating IUU fishing is essential for Vietnam to remove EC’s yellow card, while promoting a responsible fishing sector and further accelerating the country’s global integration efforts.
The Vietnamese government has made great efforts to fight against IUU fishing in the past.
Prime Minister Nguyen Xuan Phuc expected the soon ratification of International Labor Organization Convention No.87 on Freedom of Association and Protection of the Right to Organize.
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 EU-Vietnam agreement is the most comprehensive trade agreement the EU has concluded with a developing country.
Once Vietnam's parliament ratifies the trade deal, it can enter into force 30 days after Vietnam and the EU have notified each other that legal procedures have been completed.
Thousands of overseas Vietnamese have returned to the country due to global rising threats and limited travel options.
With the consent of the trade committee, the European Parliament is set to vote on the trade deal and the investment protection agreement at its February session in Strasbourg.
Both the EU and Vietnam have huge potential for cooperation in various fields, including politics, security, economy, culture, and peace-keeping activities.