Foreign workers, especially who are intra-company transferees, are coping with difficulties of obtaining work permits and enjoying social insurance exemptions.
Vietnam should have a long-term project to convince the Vietnamese society that a certificate of vocational training is of the same value as an academic degree, recommended by Dr. Wolfgang Manig, Deputy Head of Mission and Economic Counsellor at the German Embassy in Hanoi.
Almost 80 per cent of European enterprises surveyed by EuroCham believe that the EVFTA will have either a 'significant' or 'moderate’ impact on their business in the medium term.
To ensure smooth and efficient operation of the EU-Vietnam Free Trade Agreement (EVFTA) after the two sides finished the legal review process, both are actively resolving the final stages of this agreement which is expected to be signed by the end of this year.
There remains a big challenge of intellectual property ahead to be resolved although brilliant sides of to-be-ratified EU Vietnam free trade agreement are miracle growth of mutual ex-import revenue and rising number of foreign companies in due to removal of hurdles.
The EU - Vietnam Free Trade Agreement (EVFTA) endows Vietnam with comparative advantages no other country in the region excepting Singapore has.
Vietnam addressing obstacles related to legal issues and business environment will be the positive signs in the preparation and implementation of the EU-Vietnam Free Trade Agreement (EVFTA).
According to CIEM President Ph.D. Nguyen Dinh Cung, insufficient information and manpower is the major difficulty of Vietnamese enterprises in the process of international economic integration, especially in preparation for the implementation of free trade agreements (FTAs).
During the visit to Belgium and the European Union, Deputy Prime Minister Vuong Dinh Hue and Vice President of European Commission Jyrki Kaitanen unanimously push for final procedures to approve and ratify the Vietnam - EU Free Trade Agreement.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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