WHAT'S NEW

VPA/FLEGT to take effect in early June 2019

by VTV409 May 2019 Last updated at 07:42 AM

VTV.vn - The Voluntary Partnership Agreement (VPA) on Forest Law Enforcement, Governance, and Trade (FLEGT) between the European Union (EU) and Vietnam will come into effect on June 1, 2019.

On May 8, the Ministry of Agriculture and Rural Development and the EU mission to Hanoi jointly held a press conference to announce the end of the ratification and approval process of the agreement.

Vietnam is the second country in Asia that the bloc has signed a VPA/FLEGT with after Indonesia. The EU is the fourth biggest import market of Vietnamese wood products. In recent years, wood exports to the market have accounted for 13-17 percent of the total turnover of Vietnamese timber products.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2019-12-13 09:55 UTC

WEATHER FORECAST