The meeting was co-chaired by Deputy Minister of Industry and Trade Do Thang Hai and Vice Minister of Trade in the Ministry of Foreign Affairs of Chile Rodrigo Yanez.

At the meeting.

According to the Vietnamese Ministry of Industry and Trade, Vietnam-Chile relations are developing and achieving positive results. In 2020, despite the difficulties caused by the Covid-19 epidemic, bilateral trade revenue between the two countries achieved positive results, marking the first time Vietnam's exports to this market reached over US$1 billion.

Specifically, total trade between the two countries reached US$1.28 billion, up 4.43% compared to 2019 and 2.5 times higher than the figure in 2013 - before the Vietnam-Chile Free Trade Agreement took effect. Currently, Chile is one of the four largest trading partners of Vietnam in Latin America and Vietnam is Chile's largest trading partner in ASEAN.

At the meeting, the two sides noted their efforts regarding the implementation of the Vietnam-Chile Free Trade Agreement with its impressive growth figures, showing the great impact the Agreement has brought to bilateral trade relations.

The two sides also discussed ways to improve efficiency, promote communication as well as proposing solutions to help businesses in the two countries take advantage of opportunities arising from the Vietnam-Chile Free Trade Agreement as well as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) when ratified by Chile in the near future, thereby contributing to further promoting cooperation between the two countries, especially in the economic, trade and investment fields.

Workshop disseminates EVFTA opportunities for farm produce exports

The Hanoi Promotion Agency (HPA) in coordination with the Export-Import Department under the Ministry of Industry and Trade (MOIT) held a workshop on November 5 to provide businesses with a better insight into the core contents of the EU-Vietnam Free Trade Agreement (EVFTA) in agriculture as well as support mechanisms.

Positive export figures after two months of EVFTA being in effect

The effectiveness of the EU-Vietnam Free Trade Agreement (EVFTA) has brought about huge opportunities for Vietnamese enterprises with exports to the EU market witnessing positive signs.

Strong breakthroughs from EVFTA

According to the Ministry of Industry and Trade, since the Vietnam – European Free Trade Agreement (EVFTA) took effect, authorised organisations have granted nearly 15,000 sets of certificates of origin (C/O) of the EUR.1 form with a total turnover of nearly US$700 million to 28 EU countries.

Vietnam enjoys US$3.78 billion in exports to EU since bilateral FTA taking effect

Vietnam enjoyed exports worth US$3.78 billion to the European Union (EU) in only one month since the EU - Vietnam Free Trade Agreement (EVFTA) took effect at the beginning of August.

Bac Giang launches plan to implement EVFTA

(BGO) - The provincial People’s Committee of Bac Giang province promulgated the Plan No 263/KH-UBND dated 15 September 2020 on implementation of EU - Vietnam Free Trade Agreement (EVFTA). 

Source: NDO