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Berlin (VNA) – Foreign investors, especially those from the European Union (EU) would find it more appealing to land investment in Vietnam when the EU- Vietnam Free Trade Agreement (EVFTA) takes effect, according to German broadcaster Deutsche Welle (DW). In a story posted on its website, DW said the trade agreement would be the most ambitious the EU has ever negotiated with a developing country, which abolishes 99 percent of customs duties, eliminates bureaucratic hurdles by aligning standards for goods like cars and medicine, and ensures easier market access for both European and Vietnamese companies. On January 21, the EU Parliament’s International Trade Committee (INTA) will present a draft resolution of the EVFTA. If the European Parliament accepts the resolution during its plenary session in February, the EVFTA will come into force one month later. The trade deal is a positive step for the economies of both Vietnam and the EU, DW quoted Vietnamese Ambassador to … [Read more...] about EVFTA makes Vietnam more attractive to EU investors: German media

As of the end of last year, more than 2.7 million of the estimated 3.5 million EU nationals living in Britain had applied. Earlier this week the EU expressed concerns over “conflicting signals” on what would happen to those who fail to do so in time. … [Read more...] about UK will not automatically deport EU nationals after Brexit – Verhofstadt

Hanoi (VNA) – The European Climate Diplomacy Week 2019 will be held in Hanoi, Da Nang and Hoi An cities in the central region from September 27 to October 6. The event is a joint effort between the European Union Delegation to Vietnam, the embassies of the EU member states and partners, affording participants a chance to boost cooperation in climate change. The week will feature the inauguration of a rooftop solar power system, a seminar with students, a cycling event, a screening of a film which highlights the impact of ocean warming on coral reefs and marine species, and a clean-up campaign at the foot of Long Bien bridge. It will target young people who will be most affected by climate change. Chargé d'affaires of the EU Delegation to Vietnam Axelle Nicaise lauded young people for their efforts to raise public awareness of climate change. As Vietnam is one of the five countries hardest hit by climate change, the EU is actively helping the country mitigate … [Read more...] about European Climate Diplomacy Week 2019 to open

A panel of economists at a workshop, held in Hanoi on January 16 – PHOTO: VEPR HCMC – Building a transparent legal framework; improving the business climate; adopting flexible policies on imports, exports and foreign exchange rates; and protecting the environment will be needed to achieve Vietnam’s 2020 economic growth target of 6.8%, according to the Vietnam Institute for Economic and Policy Research (VEPR). … [Read more...] about Better legal framework needed to fuel economic growth: VEPR

Phnom Penh (VNA) – Vietnamese expatriates and businesses in Cambodia gathered at the Lunar New Year (Tet) celebrations in Phnom Penh on January 17, as the biggest Vietnamese traditional festival only about a week away. Prominent among around 600 guests at the event were Cambodian Prime Minister Hun Sen and Deputy PM Men Sam An. In his remarks, Vietnamese Ambassador Vu Quang Minh laid stress on the big strides of the Vietnam-Cambodia traditional collaboration across the fields of economy, defence-security, culture-education and people-to-people exchange. Highlight of the cooperation must be the economic-trade relations, with two-way trade reaching 5.26 billion USD, up 11.9 percent from the previous year, he said, adding Vietnam’s investments in Cambodia in agriculture, banking, telecommunications-IT, industrial production and processing-manufacturing, among others, have contributed greatly to social welfare and economic development in the host nation. Addressing the … [Read more...] about Vietnamese expats in Cambodia gather for Tet celebrations