ISDS Case Map
Vietnam
Deputy Minister of Industry and Trade Do Thang Hai on August 4 held a virtual meeting with Rodrigo Yanez Benitez, Under-Secretary for International Economic Relations at the Chilean Ministry of Foreign Affairs, to boost economic and trade cooperation between the two countries.
There are those in Japan who insist that the RCEP agreement must be signed even without Indian participation. The signing is scheduled for November in Hanoi.
India has blasted the EU and Vietnam for ratifying a free trade agreement that would be "another blow" to Indian businesses.
The free trade agreement between the European Union and Vietnam, known as EVFTA, will come into force on 1 August, according to a Vietnamese government statement on 18 June.
Vietnam believes India and China should exercise restraint and not complicate matters further at a time when the world is reeling under the coronavirus pandemic compounded with economic challenges.
Vietnam's National Assembly passed resolutions ratifying the EU-Vietnam free trade agreement and investment protection agreement.
The implementation of the EU - Vietnam FTA deal also poses many challenges to Vietnamese agricultural products. Besides strict standards from the European Union market, competitive pressure in the domestic market is also a big issue.
The National Assembly (NA) Standing Committee has agreed that the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement (EVIPA) will be submitted to the upcoming 9th NA session for approval.
This will allow more efficient use of opportunities granted by the Vietnam-EAEU free trade agreement and increase export of Belarusian milk and dairy products to Vietnam.
The National Assembly of Vietnam will consider and most likely ratify the free trade agreement between Vietnam and the European Union (Evfta) when it holds its 7th Session next month.
