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Portal launched to help businesses take advantages of FTAs

VGP – A Free Trade Agreement (FTA) Portal made debut in Ha Noi on Wednesday morning after nearly two years of construction.

December 23, 2020 3:10 PM GMT+7

From left to right: Minister of Industry and Trade Tran Tuan Anh, Deputy Prime Minister and Foreign Minister Pham Binh Minh, Australian Ambassador to Viet Nam Robyn Mudie and World Bank Country Director in Viet Nam Carolyn Turk at the launching ceremony of the Free Trade Agreement (FTA) Portal, Ha Noi, December 23, 2020. Photo: VGP

With the financial support from the Government of Australia, the Ministry of Trade and Industry and the World Bank jointly started the development of the Portal since February 2019.

This is the first FTA Portal in Viet Nam, designed to minimize time and costs and enable businesses to take advantage of opportunities from the FTAs to which Viet Nam is a signatory.

The Portal is a smart online lookup tool for business community and other users to find information on tax commitments, rules of origin, services and investment, as well as market situation, import and export regulations among others.

The information is provided in the most possible detailed and clear manner, thus businesses will not have to search by themselves or contact various agencies to get information they need.

The Portal will continue to be further updated and improved to better serve the business community and other users./.

By Thuy Dung