Vietnam has had trade relations with more than 200 markets up to now, especially the country has signed 17 FTAs with 60 economies in the world. — Photo baochinhphu.vn
A training programme giving guidance on regulations governing the import and export of industrial goods to markets with which Việt Nam has signed Free Trade Agreements (FTAs) took place on Tuesday.
The event was aimed at supporting businesses in effectively utilising signed FTAs as well as updating their knowledge of regulations related to import and export activities, given that Việt Nam participates in a slew of FTAs with many different countries.
Thus far, Vietnam has had trade relations with more than 200 markets and has signed 17 FTAs with 60 economies around the world. These FTAs have created favourable conditions for Vietnamese enterprises to expand and access the global market.
In Hanoi, companies have achieved some positive results in taking advantage of opportunities from FTAs. However, the proportion of exports to FTA markets is still very modest and not commensurate with the capital city's potential, said Trần Thị Thanh Hoa, a representative of the Hà Nội Department of Industry and Trade.
Part of the reason is that the markets in FTA countries are highly competitive and Vietnamese businesses face many challenges, including technical barriers like high quality standards, environmental protection and sustainable development, commonly known as green standards, she added.
Through this training programme, the organising committee hopes that businesses will gain useful and updated knowledge to implement in their businesses and allow them to take full advantage of the country's FTAs. — VNS
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