Vietnam a gateway to ASEAN for EU: Italian news site
An Italian news site ran an article on the Vietnamese National Assembly’s recent ratification of the EU – Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA), after the European Parliament ratified the two documents in February.
Vietnamese lawmakers pass the resolutions ratifying the EVIPA (Photo: VNA)
Rome (VNA) – An Italian news site ran an article onthe Vietnamese National Assembly’s recent ratification of the EU – Vietnam FreeTrade ꧅Agreement (EVFTA) and Investment Protection Agreement (EVIPA), after theEuropean Parliament ratified the two documents in February.
The www.affaritaliani.it site noted that for Vietnam, theagreements will open create important opportunity to access the European market,which already is the second export market of the Southeast Asian nation. Data of the Ministry of Planning and Investment shows thatVietnam’s export turnovers to the EU will increase by about 20 percent thisyear, 42.7 percent in 2025 and 44.37 percent in 2030, compared to the scenariowithout EVFTA. Sectors benefitting from this the most will be textiles,footwear, farm produce and fishery products, it said. The signing of these agreements also has a very significantregional value, the Italian site remarked, as Vietnam becomes a gateway for EUcountries to the Association of Southeast Asian Nations (ASEAN) which comprisesof countries that are experiencing fast growth and development rates whileattracting large foreign investments. In addition to trade, Vietnam aims to attract foreign directinvestment (FDI) with the strategic goal of turning itself into a middle-incomecountry and regional hub, in an effort to become part of the global valuechains. The chances for growth based on FDI are enormous, said thearticle. At present, the EU is the largest investor in ASEANcountries, but only the fifth FDI partner in Vietnam. To attract qualityinvestments in the future, Vietnam needs to satisfy standards of environmentalprotection, corporate social responsibility and human resource training, itadded./.
The European Union – Vietnam Free Trade Agreement (EVFTA), recently ratified by the Vietnamese legislature, will not only help Vietnam boost production and exports but also enable European firms to increase their presence in this emerging Asian nation, said the German media.
The European market is expected to become a key target of Vietnamese steel exporters when the EU-Vietnam Free Trade Agreement (EVFTA) fully comes into effect, insiders have said.
The recent ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) by the National Assembly, along with the decision by the European Parliament (EP) to adopt the two agreements, confirms the desire and determination of the two parties to further deepen bilateral relations 30 years after establishing diplomatic ties, according to Deputy Foreign Minister Bui Thanh Son.
Vietnam is now ready for implementing the EU-Vietnam Free Trade Agreement (EVFTA) and the Investment Protection Agreement (EVIPA), Spokeswoman of the Foreign Ministry Le Thi Thu Hang has said.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
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Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
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Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Vietnamese lawmakers pass the resolutions ratifying the EVIPA (Photo: VNA) 
