Workshop organized to facilitate trade in VN
VGP – The Viet Nam Chamber of Commerce and Industry (VCCI) coordinated with Ho Chi Minh People’s Committee, the American Chamber of Commerce (Amcham) in Viet Nam and the Viet Nam Trade Facilitation Alliance (VTFA) to jointly organize a workshop on April 6 to facilitate trade in Viet Nam.
The Trans-Pacific Partnership (TPP) and the EU-Viet Nam Free Trade Agreement (EVFTA) are considered the most complicated ever free trade agreements, requiring Vietnamese Government offices and businesses to invest time and increase their knowledge to take full advantage of these FTAs.
Herb Cochran, Executive Director of the American Chamber of Commerce (AmCham) in Viet Nam, said that rules of origin within FTAs create a new investment opportunity for multinational companies and their suppliers in Viet Nam.
Experts at the workshop emphasized that province’s authorities in Viet Nam need to establish a trade information database of FDI businesses and domestic suppliers, to help Vietnamese enterprises become FDI businesses’ suppliers.
By Thuy Dung