In February, the European Parliament ratified the Free Trade Agreement (EVFTA) and the Investment Protection Agreement (EVIPA) between the European Union (EU) and Vietnam, coupled with the National Assembly of Vietnam subsequently ratifying the EVFTA and EVIPA at their May 2020 meeting.
The Vietnamese cosmetics market is considered a high-potential sector in beauty and personal care, attracting increasing interest from foreign investors in recent years. With one of the fastest growth rates in the region, Vietnam’s cosmetics retail market is projected to have a Compound Annual Growth Rate (CAGR) of 3.32% from 2023 to 2027, reaching an
On 10th May 2023, the European Parliament and the Council of the European Union (EU) issued Regulation (EU) No. 2023/956 on Establishing a Carbon Border Adjustment Mechanism (CBAM) (“the Regulation”) as a key instrument to advance the EU’s goal of climate neutrality by 2050. The implementation of CBAM has far-reaching impacts on exporting countries to
Vietnam’s e-commerce market is experiencing rapid growth, making it an increasingly attractive destination for foreign investors. In 2024, the market size is estimated to reach $22 billion, marking an 18% increase compared to 2023, and placing Vietnam among the top three e-commerce markets in Southeast Asia, following Indonesia and Thailand. By 2030, the market is
