Vietnam-EU trade deal begins on Aug 1


A file photo showing a worker sewing a garment at Pro Sports factory in Nam Dinh province. Vietnam has ratified a significant trade deal with the EU that begins on Saturday (Aug 1), which is expected boost the country's manufacturing sector and exports, as it recovers from a dip caused by the Covid-19. - AP

BRUSSELS/HANOI, Aug 1, 2020 (AFP): The EU's controversial trade deal with Vietnam comes into force on Saturday (Aug 1), despite criticism that it ignores environmental and human rights concerns about the communist state.

The free trade agreement, signed in Hanoi in June last year, will phase out tariff barriers over a decade for Vietnam and over seven years for the EU.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

GISB-linked individuals in Selangor may undergo faith restoration process
Asean News Headlines at 10pm on Saturday (Oct 5, 2024)
‘Weirdly quiet’: Fewer Singaporeans in JB after VEP rule kicked in, say businesses in city
Indonesia launches agriculture revitalisation programme together with United Nations
Israeli strike hits north Lebanon as raids pummel Beirut suburbs
K-Pop meets T-Pop - Thailand launches ‘Sawasdee Seoul’ festival to showcase their own ‘T-pop Story’
Slower Philippine inflation in September gives room for rate cuts; inflation expected to stay at 3.2% this year
Indonesian president Jokowi's approval rating has fallen but still remains very popular
Typhoon Krathon death toll in Philippines climbs to five and one person still missing, says op centre
Floods inundate Thailand's northern tourist city of Chiang Mai

Others Also Read