THE PRIME MINISTER APPROVES EVFTA IMPLEMENTATION PLAN

On August 6, 2020, Prime Minister Nguyen Xuan Phuc signed a decision approving the plan to implement the Free Trade Agreement between Vietnam and the European Union (EVFTA).

To achieve the above target, in the coming time, in addition to the regular tasks, ministries, ministerial-level agencies, governmental agencies, the People’s Committees of provinces and centrally-run cities need to concretize and organize the implementation of basic tasks such as: propagating and disseminating information about EVFTA and markets in EU countries; building laws, institutions; improve competitiveness and develop human resources; school owners and policies towards trade unions and workers’ organizations at enterprise establishments; policy of social security, environmental protection and sustainable development.

Increase information about EVFTA and markets of EU countries

Including strengthening the network, strengthening capacity and promoting the provision of information and forecasts about export and import markets and domestic markets of state agencies with the function of providing information. on trade and investment so that Vietnamese enterprises can promptly grasp information, technical requirements and regulations on import and export management of EU countries.
Enhance the role of business associations; Through business associations to grasp and answer difficulties and problems of the business community, especially small and medium enterprises. In addition, the association’s orientation is to innovate the culture of production and start-up, creating conditions for private enterprises to improve production capacity, product quality, to meet EU and international quality standards.

Improve competitiveness

Along with that is building support programs, improving competitiveness for industries, businesses, especially small, medium and micro enterprises, farmers, in line with international commitments; at the same time, to prepare coping solutions and support for the commodity industries and goods heavily affected by the implementation of the agreement; supporting Vietnamese enterprises to participate in regional and global production networks, value chains, supply chains.

To focus on industrial restructuring, creating a foundation for industrialization and modernization; speed up the restructuring process of agriculture and rural economy according to advanced production models, application of science and technology, safety and environmental friendliness; strengthen measures and mechanisms to encourage and orient foreign-invested enterprises to connect with domestic enterprises, contributing to the formation and development of supply chains; Promote mutual recognition of results of assessment of EU conformity, especially for strong products and goods exported from Vietnam to the EU.
According: VASEP