European enterprises favor EVFTA signing

(VOVWORLD) - European businesses say they strongly support ratification of the European-Vietnam free trade agreement (EVFTA). 
European enterprises favor EVFTA signing - ảnh 1European entrepreneurs attend a workshop on Vietnam’s market in Brussels on October 8, 2018. (Photo:VNA) 

At a workshop on Vietnam’s market in Brussels on Monday, Nicolas Audier, Chairman of the European Chamber of Commerce in Vietnam (EuroCham), said 80 percent of EuroCham members are optimistic about the business outlook in Vietnam and hope that the EVFTA will be signed and approved soon.

Thomas Debelic, Chairman of the German Business Association, said European investors in Vietnam will enjoy better assurances thanks to the Investment Protection Agreement (IPA), which has been separated from the EVFTA. He said the 120,000 Vietnamese in Germany are good for bilateral relations.

European businesses operating in Vietnam discussed the impacts of the EVFTA on reforms in Vietnam and agreed that Vietnam is offering more and more business opportunities, particularly in export and import, for EU companies.

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