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News on the outcome of the UKVFTA Trade Committee meeting

News on the outcome of the UKVFTA Trade Committee meeting

29/03/2022
On March 29, 2022 in London, UK, Deputy Minister of Industry and Trade Tran Quoc Khanh and H.E. Penny Mordaunt, Secretary of State, UK Department of International Trade co-chaired the first session of the Trade Committee k of the Free Trade Agreement between Viet Nam and the United Kingdom (UKVFTA). Participating in the meeting on the Vietnamese...
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Viet Nam Elevator Association becomes member of Viet Nam Domestic Advisory Group (DAG) in EVFTA

Viet Nam Elevator Association becomes member of Viet Nam Domestic Advisory Group (DAG) in EVFTA

28/03/2022
On March 23, 2022, Minister of Industry and Trade Nguyen Hong Dien signed and promulgated Decision No. 415/QD-BCT amending and supplementing a number of articles of Decision No. 1972/QD-BCT dated August 17, 2021 , thereby adding the Viet Nam Elevator Association to the list of official members of the Viet Nam Domestic Advisory Group (DAG) within...
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Attracting foreign investment from overseas Vietnamese: Many prospects

Attracting foreign investment from overseas Vietnamese: Many prospects

28/03/2022
Up to now, Vietnam has attracted 376 investment projects of overseas Vietnamese in the form of foreign direct investment (FDI) with a total registered capital of 1.72 billion USD, mainly in the processing and manufacturing industries.
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Overview of Russia's foreign trade in 2021

Overview of Russia's foreign trade in 2021

20/03/2022
According to statistics of the Russian Federation Customs, in 2021, Russia's foreign trade turnover reached 785 billion USD, up 38% compared to 2020. Trade surplus reached 198.16 billion USD, 92.72 billion USD higher than that of the year 2020.
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Japanese customers prefer Viet Namese coffee

Japanese customers prefer Viet Namese coffee

17/03/2022
Viet Nam shipped about 101,000 tons of coffee to Japan in 2021, becoming the second largest coffee exporter to the Land of the Rising Sun and gained popularity among customers, according to the Viet Nam Office in Japan.
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UKVFTA's main commitment in Technical Barriers to Trade

UKVFTA's main commitment in Technical Barriers to Trade

16/03/2022
With the objective of facilitating and enhancing bilateral trade by preventing and minimizing unnecessary technical barriers to trade, and strengthening cooperation, the Technical Barriers to Trade (TBT) Chapter includes basic regulations related to standards, technical regulations, conformity assessment processes, cooperation, consultations,...
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Portugal's non-tariff measures and other trade regulations

Portugal's non-tariff measures and other trade regulations

15/03/2022
In addition to the EU's plans to implement mandatory and voluntary packaging and labelling issues, Portugal has its own plans. Packages and labels of goods consumed on the Portuguese market must be written in Portuguese.
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Viet Nam accounts for 10% of global footwear exports for first time

Viet Nam accounts for 10% of global footwear exports for first time

11/03/2022
Viet Nam occupied over 10 percent of share in the world footwear market for the first time, according to the World Footwear Yearbook 2021.
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UKVFTA's main commitments in SPS

UKVFTA's main commitments in SPS

08/03/2022
Sanitary and phytosanitary measures (SPS) are mandatory regulations and requirements of a country for goods imported into its territory in order to protect the lives and health of people, animals, plants and/or prevent diseases originating from animals or plants. SPS commitments under the UKVFTA are prescribed in Chapter 6 of the Agreement. In...
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Characteristics and market development trends for some typical products in Portugal

Characteristics and market development trends for some typical products in Portugal

01/03/2022
For many years, Vietnam has always had a trade surplus to Portugal, the export turnover (2020) is nearly 9 times larger than the import turnover. Seafood, phones and components, coffee, computers, electronic products and components are the main export groups of Vietnam to Portugal. Vietnam's imports from Portugal are small, mainly textile-footwear...
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