Thailand, EU hope to sign FTA in mid-2025
Before the Songkran holiday, senior officials from Thailand and the European Union (EU) met in Bangkok to discuss ways to promote their relationship, including the framework of the Free Trade Agreement (FTA), green transformation, and Schengen visa waiver, Thai media has reported.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
75% of Malaysian exports to EU affected by Carbon Border Adjustment Mechanism
The EU’s Carbon Border Adjustment Mechanism (CBAM) will impact 75% of Malaysia’s exports to the bloc, according to the Securities Commission Malaysia (SC).
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Immediate impact will be on products exported to the EU: RMIT expert
The EU’s Carbon Border Adjustment Mechanism (CBAM) applies to six industries: iron and steel, cement, fertilisers, aluminium, electricity, and hydrogen, of which the first four are industries that Vietnam has the capacity to export in, writes Phan Minh Hoa, RMIT associate lecturer of economics.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, EU launch plan to mobilize $15.8 bln for energy transition
Vietnam and the European Union (EU) on Friday launched a plan to mobilize up to $15.8 billion, an increase from the initial $15.5 billion, of climate financing pledged last year by international partners, to help the Southeast Asian nation wean off coal power.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Rare earths, semiconductors can contribute 5-10% to Vietnam’s GDP: association chair
Rare earths and semiconductors may contribute 5-10% to Vietnam’s GDP once the country can tap its critical mineral reserves and develop the industry, said Prof. Nguyen Mai, chairman of the Vietnam Association of Foreign Invested Enterprises (VAFIE).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
EU disburses $23.6 mln to support Vietnam’s clean energy transition
The European Union (EU) has released EUR22 million ($23.6 million) of budget support to the Vietnamese government in the framework of the EU-Vietnam Sustainable Energy Transition Program (SETP).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
European Investment Bank to finance Vietnam $530 mln for energy transition
The European Investment Bank (EIB) has signed an agreement to finance Vietnam's implementation of the $15.5-billion Just Energy Transition Partnership (JETP) in the country.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
EC investigates suspected violations by Vietnam cold-rolled stainless steel producers
The European Commission suspects that after applying anti-dumping and anti-subsidy measures on Indonesian products, goods from that country were trans-shipped to Vietnam for exports to Europe.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Italy endorses Vietnam-EU investment protection pact
The Italian Parliament has ratified the Vietnam-EU Investment Protection Agreement (EVIPA), Italian President Sergio Mattarella said to Vietnamese President Vo Van Thuong in Rome Wednesday.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam International Sourcing expo lures EU business missions, global retail giants
Business missions from Belgium and the Netherlands will attend the Vietnam International Sourcing 2023 expo in Ho Chi Minh City this September, seeking suppliers, partners and business opportunities.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Austria commit to strengthening multi-faceted cooperation
Vietnamese President Vo Van Thuong reaffirmed Vietnam's strong commitment to valuing and enhancing the country's friendly and multi-faceted cooperation with Austria, a reliable friend within the European Union.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
EuroCham proposes full inclusion of EU members on Vietnam's visa exemption list
EuroCham, the leading voice of the European business community in Vietnam, has proposed the expansion of Vietnam's visitor visa exemption list to encompass all 27 EU member countries.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Agriculture in Vietnam: redefining boundaries
The prospects for Vietnam’s agriculture sector are bright over the next few years thanks to a strong commitment from the government and the free trade agreements that have been put in place, wrote Surajit Rakshit, HSBC Vietnam's head of global trade and receivables finance.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese exporters advised to take note of new EU carbon rules
Europe’s Carbon Border Adjustment Mechanism (CBAM) is set to take effect in October, and Vietnamese exporters need to take a proactive approach to the mechanism to boost shipments to the EU, experts have said.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM meets US, EC leaders within G7 Summit
Prime Minister Pham Minh Chinh met U.S. President Joe Biden and President of the European Council (EC) Charles Michel on Saturday, within the framework of the expanded summit of the Group of Seven (G7).
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
EU imports $20 bln of high-tech products from Vietnam in 2022
The European Union spent EUR18 billion ($19.55 billion) on importing high-tech products from Vietnam in 2022, according to Eurostat, the EU's statistics office.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
De Heus Vietnam CEO Gabor Fluit becomes new EuroCham chairman
The European Chamber of Commerce in Vietnam has elected its new 17-member board of directors for 2023, with Gabor Fluit, CEO of Dutch agri-business giant De Heus in Asia and Vietnam, serving as new chairman.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Luxembourg backs Vietnam’s green growth
The prime ministers of Luxembourg and Vietnam promised Friday to establish a strategic partnership framework for green finance to help the Southeast Asian nation pursue its green growth strategy and combat climate change.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
EU urges Vietnam to promote green exports under free trade pact
The European Union expects Vietnam to promote green export initiatives in taking advantage of the EU-Vietnam Free Trade Agreement, a senior EU trade official said Monday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam will facilitate European investment in green growth: PM
Vietnam will continue creating favorable conditions for European firms to invest in renewable energy, environmental protection, high technology and the green transformation process, Prime Minister Pham Minh Chinh said Monday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam rice exporters reap higher profit on increased price
Vietnamese rice exporters enjoyed good growth in profit in the first quarter of 2022 on higher prices and good orders.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam pangasius exporters see good prospects for sales
Vietnam's pangasius exports in the first quarter of this year rose 89.6% year-on-year to $894 million, accounting for 27% of the country's seafood export value.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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No offshore wind projects in Vietnam until 2028: global council
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