Since the new coronavirus epidemic will surely affect exports to China, diversifying markets is an urgent requirement for Vietnamese rice exporters, experts have said.
Trade experts were upbeat over the EU’s decision to ratify the free trade and investment agreements between Việt Nam and the bloc while predicting a strong increase in trade and investment.
The European Parliament (EP) on Wednesday ratified the EU-Việt Nam Free Trade Agreement (EVFTA) and the EU-Việt Nam Investment Protection Agreement (EVIPA).
Việt Nam’s garment-textile sector is expected to make breakthroughs in 2020 thanks to the Fourth Industrial Revolution.
Free trade agreements which have come into force will help the province attract foreign investors and open up new opportunities for export growth.