A conference titled Trade Barriers with Business Association and Vietnamese Enterprises was held by the European Chamber of Commerce (EuroCham) in Hanoi on June 23.

At the conference, EuroCham discussed issues related to trade barriers in the EU market and challenges and opportunities for Vietnamese businesses to put into action the Free Trade Agreements (FTA).

Former Vietnamese Deputy Ministry of Trade Phan The Rue stressed that the country’s export businesses should take the chances to export their products to larger markets.

However, they also need to focus on studying the multi-lateral and bilateral free trade agreements and their target markets’ legal systems. Then they can ask for legal consultancy to make full use of the opportunities and minimise any potential risks, he said.

The First Secrectary of the EU Delegation in Vietnam, Hans Farhammer, proposed that to promote its exports, Vietnam should overhaul and enhance its Technical Barriers to Trade (TBT) Office.

The office in Vietnam should concentrate on major exporters to help them to settle disputes with management agencies and provide them with a consultancy service.

Source: VOV