Minister: EP’s ratification of EVFTA shows trust on Vietnam
The ratification of the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA) by the European Parliament (EP) has reflected its high valuation of and trust on Vietnam as a comprehensive and important partner in all areas, not only in Asia but the world also.
Minister of Industry and Trade Tran Tuan Anh (Photo: VNA)
Hanoi (VNA) – The ratification of the EuropeanUnion – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam InvestmentProtection Agreement (EVIPA) by the European Parliament (EP) has reflected its highvaluation of and trust on Vietnam as a comprehensive and important partner in allareas, not only in Asia but the world also.
This was stated by Minister of Industry and Trade Tran TuanAnh during a press conference in Hanoi on February 12 following the EP’sratification of the two documents earlier the same day.
Anh further said that the act shows that the Vietnam – EUties have new, important and sustainable foundations.
According to him, both sides have exerted continuous effortsover the past more than eight years, from negotiations to signing andratification, on the basis of trust and close and timely cooperation.
In particular, the Vietnamese side has provided informationand held working sessions with EU partners from the European Council, theEuropean Commission and the EP, he added./.
One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.
A workshop was held at the headquarters of the European Parliament (EP) in Brussels, Belgium, on January 28 to clear up parliamentarians’ concern regarding the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).
Joining new-generation free trade agreements (FTAs) will help Vietnam diversify its economic and trade relations, especially expanding import and export markets, avoiding excessive dependence on a specific region and helping the economy cope better with external fluctuations.
Leaders of the Vietnamese Party and State always treasure and want to further promote the comprehensive cooperative partnership with the European Union, Deputy Minister of Foreign Affairs Bui Thanh Son told President of the European Parliament David Sassoli.
Foreign direct investment (FDI) inflows into Ho Chi Minh City rebounded strongly in the first seven months of 2025, reaching nearly 6.2 billion USD, up 45.67% year-on-year after a slowdown last year.
To meet the ambitious annual target of 47–48 billion USD, the sector must now achieve monthly exports of over 4 billion USD during the remaining months of the year.
The Airbus A321NX is the first in a fleet of eight modern aircraft scheduled for delivery and operation throughout 2025, marking the beginning of Sun PhuQuoc Airways’ carefully planned investment strategy to build a modern fleet operating with safety, stability, and world-class standards.
Experts say that after over a decade of implementation, the credit growth quota policy is currently inappropriate and is criticised for creating an “ask and give mechanism”, hindering people and businesses from accessing bank loans.
The country's industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP.
VietnamUSA.Arobid.com is Vietnam’s first B2B e-commerce platform dedicated to helping Vietnamese enterprises access the US market, a vast and promising market, yet one that is highly demanding in terms of standards, tariffs, and distribution channels.
The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
Minister of Industry and Trade Tran Tuan Anh (Photo: VNA) 
