Wednesday February 23, 2022
Activity FTA 1.4: Incorporating and maintaining accurate information on the EVFTA in Viet Nam’s Free Trade Agreement Portal (FTAP)
On 10th December 2021, the Ministry of Industry and Trade issued Decision No. 2773/QD-BCT to establish an inter-ministerial working group to implement the Project on receiving, operating, upgrading and developing the Viet Nam Free Trade Agreement Portal (FTAP) for the period of 2021-2025, with a vision towards 2035. The working group consists of 29 members from 16 relevant ministries and agencies, who will be involved in the operation and development of the FTAP after the handover.
It is expected that in February 2022, FTAP will be officially handed over from the World Bank to the Ministry of Industry and Trade (to read more about this article published on the FTAP, please click here)
ARISE+ Viet Nam project is implementing the FTA 1.4 activity to incorporate and maintain accurate information on the EVFTA in Viet Nam’s Free Trade Agreement Portal (FTAP)
Objective:
Incorporate all EVFTA-related activities and information, including policy explanations and analyses, policy updates, market information, and trade and investment data and statistics, into the new MOIT FTAP in easily accessible and digestible formats as a source for doing business under the EVFTA as well as to develop learning materials to assist users with effective portal usage.
Counterparts: Ministry of Industry and Trade and other line ministries.
Outputs and expected outcome:
The activity will ensure that all relevant information pertaining to the EVFTA can be found on Viet Nam’s new FTAP, and that the FTAP undergoes regular review, maintenance, and upgrading based on industry-level standards. The broader objective is to ensure comprehensive and efficient utilisation of the FTAP, so that it can effectively facilitate and promote Viet Nam's integration into global trade.
