In addition to ensuring goods standards and quality, firms are recommended to pay attention to sustainable development, especially issues concerning biodiversity and wildlife conservation, in order to take advantage of new generation free trade agreements (FTAs).
Member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), including Vietnam, have officially “opened the door” to welcome the UK after nearly two years of negotiations. This event marks the first expansion of the CPTPP and has both economic and political significance for the land of fog.
Representatives from member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the UK approved a joint statement at the ministerial level on the substantial conclusion of negotiations on the UK's accession to the CPTPP at their virtual meeting on March 31 (Vietnam time).
Agriculture has affirmed its role as an important pillar of the economy, helping build an independent and self-reliant economy with active, intensive, and effective integration into the world and bring a prosperous and happy life to people, according to Prime Minister Pham Minh Chinh.
According to the Centre for WTO and International Trade (WITC) under the Vietnam Chamber of Commerce and Industry (VCCI), Vietnam’s international economic integration has recorded a significant shift from breadth (participating in the World Trade Organisation-WTO) to depth (participating in many Free Trade Agreements-FTAs).