November 30, 2017

EuroCham met with National Assembly Vice Chairman Phung Quoc Hien and Committees

On Monday, 14th August 2017, EuroCham Chairman, Mr. Jens Ruebbert led a EuroCham delegation comprised of Exec. Committee members, Business Association representatives, Sector Committees (SCs) for a courtesy meeting with the Vice-Chairman of the National Assembly, Mr. Phung Quoc Hien. The leader was also accompanied by representatives from Committees such as International Cooperation, Legal and Budget – Finance.

 

Source: NA, Photographer: Van Binh http://media.quochoi.vn/Home/AlbumDetails/19814

The National Assembly has a crucial role in decision making on the country’s socio-economic development objectives and policies, State laws and regulations. It also has a large bearing on Vietnam's foreign policy, especially when it comes to signing and ratifying international treaties – in which the EU-Vietnam Free Trade Agreement (EVFTA) is included. While the EVFTA was one of the topics of meeting, the overall goal was to strenghten ties between EuroCham and the National Assembly, looking towards working together to improve the business environment in Vietnam.

Mr. Jens Ruebbert briefed the attendees on EuroCham’s core mission to support the European businesses community in its interaction with the Vietnamese Government, with a message of fostering more sustainable development and inclusive growth. Beyond the several regular dialogues with various public sector entities in Vietnam, EuroCham has recently intensified its cooperation with the Office of Government, including participating in many conferences organised by the Party’s Central Economic Commission and other. EuroCham's recognition as a dialogue partner to the Vietnamese Government was recently recognised with its invitation to join the Advisory Council for Administrative Reform, chaired by the Prime Minister. The Chamber’s work with provincial governments in matters related to trade and investment promotion and facilitation were also mentioned, namely those put forth by the Chamber's Central Vietnam chapter (Da Nang, Thue Tien Hue and Quang Nam), and the soon to be launched Northeast chapter, based in Hai Phong.

Source: NA, Photographer: Van Binh http://media.quochoi.vn/Home/AlbumDetails/19814

Stressing the EVFTA and green growth as key topics in EuroCham's action, Mr. Ruebbert shared EuroCham's plans for its mission to the EU institutions in Brussels in early September 2017, whereby the delegation will discuss the ratification of the FTA and other sectoral issues. Representatives of EuroCham affiliated buiness associations (BAs) and SCs also shared their works and contributions to policy development. Mr. Rubbert expressed EuroCham's hopes that the NA will support the entry of EU trade and investment into Vietnam and continue its efforts towards a friedly business environment.

Vice-Chairman Phung Quoc Hien expressed his appreciation for the positive development between Vietnam and the EU, especially after the establishment of the Partnership and Cooperation Framework of 01/10/2016, forming an important legal framework, bringing bilateral relations to a new stage.

Expressing his satisfaction at the increasing number of European businesses interested in the Vietnamese market, Vice Chairman Phung Quoc Hien stated that Vietnam is ready to create favorable conditions for European businesses to learn the market and envisage long-term business investment in Vietnam, especially in fields where Vietnam's demand and European know-how complement one another.

 

 

 

He also highly appreciates the scale and works efficiency of the EuroCham, especially through the support in making policies recommendations and preparation for signing and ratifying and Implementing the Vietnam-EU Free Trade Agreement in 2018. The EuroCham’s contributions to the policies and laws, regulations as well as Whitebook are well noticed by the National Assembly and Mr. Hien appreciates the sectoral contributions, especially in the Tax field. The National Assembly Vice-Chairman affirmed that the implementation of the Vietnam-EU free trade agreement after ratification will create new momentum and expand the potential of cooperation between Vietnam and the EU and EU Member States.

http://media.quochoi.vn/Home/AlbumDetails/19814

Vice-Chairman Hien expressed is belief that a current global protectionist tendency will be short lived, and that Vietnam needs to move forward towards a consolidated market economy. The European Business Community is expected to play an important part in deepening new trade and investment dynamics, linking the business communities of the two partners.

The National Assembly of Vietnam will in the near future consider passing many important laws and regulations to realise the provisions of the 2013 Constitution. The legal system serves the country's needs in a new time of integration and Mr. Hien highlighted that the Committees of the NA are ready to cooperate with EuroCham in common areas of expertise, looking to work towards a legal framework that may facilitate European businesses to operate in Vietnam.

Mr. Jens Ruebbert thanked the Vice President of the National Assembly for the meeting and hopes that there will be more regulation meetings with also the Committees. He assessed that the EU and Vietnam had strong potential for development; re-affirmed that EuroCham will do its best to bridge and create favorable conditions for Vietnamese enterprises to operate in Europe especially in the current context, when the EVFTA will play an important role in Vietnam's global trade integration.

This successful meeting follows a series of interactions between EuroCham and the national assembly. In 2014, EuroCham has already met with Vice-Chairwoman Ms. Nguyen Thi Kim Ngan and recently with Mr. Phung Quoc Hien at the Vietnam Economic Forum (Hanoi, June). The National Assembly has recently passed Resolution 43/2017/QH14 on intensifying the implementation of food safety regulations 2016-2020. In Session 12 taking place in August 2017, the NA will discuss 5 pending Laws: on the Protection of the State Secret; on the Protection and Development of Forests (amended); on the Provisional Measures before Lawsuit; Law amending; and supplementing the Law on Complaint, Law on Seafood (amended). The Assembly will also comment on 6 Laws: on Public Security; on Measurement and Maps; amending and supplementing the Law on Sport; on National Defense (amended); on Competition (supplemented); and on the Protection of the State Secret.

EuroCham calls all Business Associations, Sector Committees and members to work together and jintly with EuroCham advocate in regards to the relevant laws which may have an impact on their businesses.

Media Sources:

National Assembly http://quochoi.vn/cacvilanhdao/Pages/hoat-dong.aspx?ItemID=33743 http://quochoi.vn/tintuc/Pages/tin-hoat-dong-cua-quoc-hoi.aspx?ItemID=33… . http://media.quochoi.vn/Home/AlbumDetails/19814

More News

See all

June 14, 2024

[Work @ EuroCham – CROPLIFE VIETNAM] COMMUNICATIONS & STEWARDSHIP SPECIALIST

Read more

June 14, 2024

EuroCham’s Green Growth Sector Committee drives sustainability dialogue at “ESG: From Ideas to Action” workshop

Read more

June 14, 2024

EuroCham Vietnam and EU Chamber of Commerce in China shed light on China+1

Read more

June 14, 2024

EuroCham and HCMC leaders meet to drive green economy initiatives at GEFE 2024

Read more

June 14, 2024

EuroCham welcomes IMF Delegation to discuss Vietnam’s economic landscape

Read more

June 10, 2024

EuroCham attends Vietnam Sourcing Expo 2024

Read more

June 07, 2024

EuroCham Vietnam Executive Director participates in annual EBO Worldwide Network meeting in Brussels

Read more

June 07, 2024

EuroCham voices business community priorities at key economic meeting with the Ministry of Planning and Investment (MPI)

Read more

June 07, 2024

EuroCham advocates for robust personal data protection as Vietnam shapes Data Protection Law

Read more

May 31, 2024

EuroCham Sustainable Finance Sector Committee (SFSC) hosts inaugural policy Dialogue on Sustainable Trade and Trade Finance

Read more

May 31, 2024

EuroCham meeting with the Ho Chi Minh City Customs Department

Read more

May 31, 2024

Prime Minister’s Advisory Council for Administrative Procedure Reform holds training program in Hai Phong

Read more

May 31, 2024

Luncheon with EU Delegation and DG INTPA highlights sustainable development opportunities

Read more

May 30, 2024

EuroCham’s Transportation & Logistics Sector Committee speaks at Hoa Sen University’s HCMC Logistics Forum

Read more

May 30, 2024

EuroCham Vietnam’s inaugural Tall Building Forum draws industry leaders and policymakers to explore the future of urban living

Read more

May 30, 2024

EuroCham Vietnam meets EU Ambassador to ASEAN to discuss priorities in EU-ASEAN Strategic Partnership

Read more

May 30, 2024

EuroCham insights shape policy discussions at ACCA Asia Pacific Dialogue 2024

Read more

May 29, 2024

[CORPORATE PARTNERS] BASF paves the way for young painters at WorldSkills Finals Lyon 2024

Read more

May 28, 2024

EuroCham insights shape policy discussions at ACCA Asia Pacific Dialogue 2024

Read more

May 24, 2024

EuroCham engages in the EU-Vietnam Research & Innovation Community Meeting

Read more

May 24, 2024

EuroCham participated in a consultation on Vietnam’s Direct Power Purchase Agreement Framework

Read more

May 24, 2024

Productive Dialogue at the Law on Standards and Technical regulations Consultation

Read more

May 24, 2024

EuroCham emphasises soft skills and sustainability training at a forum organised by the Ministry of Education and Training

Read more

May 24, 2024

[Sector Committee Spotlight] Transport and Logistics Sector Committee: driving Vietnam’s progress

Read more

May 22, 2024

[CORPORATE PARTNERS] BASF expands its biomass balance portfolio for selected chemical intermediates

Read more

May 22, 2024

[Work @ EuroCham] GEFE PROJECT OFFICER – based in Ho Chi Minh City

Read more

May 22, 2024

[Work @ EuroCham] CORPORATE RELATIONS cum MEMBERSHIP EXECUTIVE – based in Ho Chi Minh City

Read more

May 17, 2024

EuroCham convenes collaborative meeting with the EU Ambassador to Vietnam

Read more

May 17, 2024

Traditional Breakfast Commemorates Norwegian Constitution Day’s 210th Anniversary

Read more

May 17, 2024

EuroCham engages in Information Exchange Conference on Power Supply 2024

Read more

Pour une expérience optimale, veuillez tenir votre mobile à la verticale !

Platinum Partners

Gold Premium Partners

Gold Partners

Silver Partners

Premium Service Partners