EUROCHAM Malaysia constantly analyses the business environment in Malaysia and ASEAN. We acknowledge that following the signing and implementation of several free trade agreements such as the EU-Vietnam Free Trade Agreement (EVFTA), as well as, the Regional Comprehensive Economic Partnership (RCEP), and the agreement with Britain modelled on (EVFTA), it’s clear that Vietnam is moving fast and doesn’t plan to slow down anytime soon.
Recently, our CEO Sven Schneider highlighted that “EVFTA in particular has put Vietnam clearly on the map and Malaysia on the other hand, is only waking up to this missed opportunity now” on Reuters.
At EUROCHAM Malaysia, we truly hope that the EU-MY Free Trade Agreement will be taken into closer consideration to not only put Malaysia back on the map with prospective European companies, but to foster closer ties and business opportunities between Europe and Malaysia to ramp up both economies!
To read more about the recent signing, click here: at https://www.reuters.com/article/health-coronavirus-vietnam-economy/keeping-coronavirus-at-bay-vietnam-revs-up-economy-to-race-ahead-of-rivals-idUSL4N2JF0YU
#Vietnam #Malaysia #FTA #RCEP#EVFTA #business #opportunities#economy #growth #Europe#Eurochammy #EUMYstrongertogether
