EVFTA vital to Vietnam’s trade integration: Eurocham leader

Wednesday, 2017-04-19 15:04:13
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Head of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh receives Eurocham Chairman in Vietnam Jens Ruebbert. (Credit: VNA)
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NDO/VNA – The EU-Vietnam Free Trade Agreement (EVFTA) will play a vital role in Vietnam’s global trade integration, helping the country to become a promising business and investment market in ASEAN for European firms.

The comment was made by Chairman of the European Chamber of Commerce (Eurocham) in Vietnam Jens Ruebbert while meeting with Head of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh in Hanoi on April 19.

During the meeting, Binh hailed EuroCham’s activities in Vietnam, and its support for the country in improving the business climate and national competitiveness in recent years.

While congratulating Jens Ruebbert on his election as Chairman of Eurocham in the 2017-2018 tenure, Binh expressed his belief that the guest will work hard to enhance links between the chamber and Vietnamese agencies on issues of common concern.

He also stressed Vietnam’s priorities of stepping up reforms to perfect the country’s economic institution, creating a competitive and fair business climate, and improving the national economy’s competitiveness. He affirmed that Vietnam always welcomes European enterprises to invest in the country.

He suggested Eurocham continue effectively cooperating with Vietnam’s agencies and organisations in the coming time, contributing to promoting the relations between Vietnam and the EU.

On the occasion, Jens Ruebbert introduced the White Book 2017 of the chamber, which analyses opportunities and challenges brought about by the EVFTA.

He also proposed several measures to fine-tune Vietnam’s investment and business climate.