Post by ehsanulh125 on Jan 8, 2024 1:46:43 GMT -8
Enforcement of the Vietnam-EU Free Trade Agreement Overall, Vietnam's international trade is likely to grow in 2019 as a result of Free Trade Agreements between Vietnam and some countries coming into effect next year. The most notable deals are The EU-Vietnam Free Trade Agreement (EVFTA) has finalized details and is awaiting approval from the European Council. It is expected that There will be a signing ceremony and it will come into effect in 2019. This free trade agreement is very important to Vietnam's international trade.
This is because the European Country Email List Union is Vietnam's second largest export market after the US market. With an export value of approximately 38,000 million US dollars. or accounting for 18 percent of Vietnam's total export value in 2017 Trade opportunities for Thai entrepreneurs In summary, Vietnam's exports in 2019 have the opportunity to grow. This is because free trade agreements between Vietnam and some countries will come into force. by textile products Clothing and footwear from Vietnam, as well as some agricultural products, will experience rapid growth in exports.
For opportunities for Thai businessmen, there are 2 types of opportunities: 1. Establishing a factory to produce products to receive benefits for exporting to countries with which Vietnam has trade agreements. 2. Establishment of supporting industrial factories (Supporting Industry) to supply raw materials for production to main industries that are likely to grow from exports. Vietnam's manufacturing industry continues to grow. The China-US trade war has led to the relocation of production bases to Vietnam. In addition to Vietnam having free trade agreements with the EU, CPTPP and other countries to attract direct foreign investment, There is also a supporting factor from the trade dispute between China and the United States.
This is because the European Country Email List Union is Vietnam's second largest export market after the US market. With an export value of approximately 38,000 million US dollars. or accounting for 18 percent of Vietnam's total export value in 2017 Trade opportunities for Thai entrepreneurs In summary, Vietnam's exports in 2019 have the opportunity to grow. This is because free trade agreements between Vietnam and some countries will come into force. by textile products Clothing and footwear from Vietnam, as well as some agricultural products, will experience rapid growth in exports.
For opportunities for Thai businessmen, there are 2 types of opportunities: 1. Establishing a factory to produce products to receive benefits for exporting to countries with which Vietnam has trade agreements. 2. Establishment of supporting industrial factories (Supporting Industry) to supply raw materials for production to main industries that are likely to grow from exports. Vietnam's manufacturing industry continues to grow. The China-US trade war has led to the relocation of production bases to Vietnam. In addition to Vietnam having free trade agreements with the EU, CPTPP and other countries to attract direct foreign investment, There is also a supporting factor from the trade dispute between China and the United States.