Việt Nam lacks human resources experts in implementing FTAs

Nov 17th at 13:27
17-11-2023 13:27:40+07:00

Việt Nam lacks human resources experts in implementing FTAs

Việt Nam is in dire need of qualified personnel to implement new generation Free Trade Agreements (FTAs), heard a conference.

Developing human resources experts and increasing the effectiveness of FTA implementation is a must for Việt Nam in the coming years. — VNA/VNS Photo

FTAs have contributed to promoting Việt Nam's institutional and policy reform, creating motivation for innovation and improving the competitiveness of Vietnamese goods and businesses. However, human resources, especially FTA implementation experts, are still very limited and do not meet the requirements, according to experts at a seminar on developing human resources for the efficient implementation of FTAs.

Lê Thị Hằng, Deputy General Director of Detech Coffee Joint Stock Company, said that with FTAs, her company has faced difficulties in finding experts to train the staff of the import-export department.

“Currently, our company is looking for experienced experts in FTAs to advise the staff on risk management measures, especially FTAs relating to regulations on labour, environment and intellectual property,” said Hằng.

Nguyễn Thị Lan Phương, Deputy Head of WTO and FTA Department, Multilateral Trade Policy Department of the Ministry of Industry and Trade (MoIT), said that Việt Nam has been implementing 15 FTAs. Among them are three new-generation FTAs, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Việt Nam - EU Free Trade Agreement (EVFTA) and the Việt Nam - United Kingdom Free Trade Agreement (UKVFTA).

These FTAs include not only traditional fields but also non-traditional fields such as labour, environment and intellectual property. Therefore, commitment content is relatively complex and has many high standards, requiring the human resources team to have a deep understanding of commitment content to help management agencies and businesses at the local level understand FTA commitments properly and fully implement the commitments.

Phương stressed that currently, based on the Prime Minister's direction, the MoIT is assigned to proactively work with relevant ministries and branches to develop training programmes as well as guide State management agencies and businesses to better take advantage of FTAs.

“In the coming time, the MoIT will firmly implement work towards building better human resources for Việt Nam in the immediate and long term to take advantage of FTAs,” added Phương.

Statistics showed that the Government, ministries, branches, localities, associations and businesses have made great efforts to work together to improve the effectiveness of implementing these FTAs. However, the utilisation rate of these FTAs ​​is still relatively limited.

For FTAs ​​with good results such as EVFTA, the utilisation rate is only about 26 per cent and FTAs ​​like CPTPP are only achieved at 5 per cent. These are modest numbers compared to the space and opportunities these FTAs ​​offer, according to Phương.

In the immediate future, the MoIT is currently coordinating with its Central School of Industry and Trade Training to develop a framework of training documents for FTA experts in efforts to build training materials for exporters and importers supporting sustainable development.

In 2023, based on a survey of the needs of provinces and cities, the MoIT will also initially pilot training the first expert classes to be able to provide human resources immediately for provinces, cities and consultants to support businesses.

In the long term, the MoIT will conduct a survey of businesses with import and export activities in markets, especially FTA markets. The ministry will also carry out a pilot project with a number of universities that have majors in economics and especially international trade to jointly consider and review the training content in the schools.

At the recent meeting of the Steering Committee for International Economic Integration, Deputy Prime Minister Trần Hồng Hà also requested to strengthen consultations for the business community and industry associations during the process of implementing commitments to international economic integration and FTAs implementation. 

Bizhub



NEWS SAME CATEGORY

Bình Định helps exporters take advantage of trade deals

Exporters in Bình Định Province are taking advantage of the UK – Việt Nam Free Trade Agreement (UKVFTA) and other similar trade deals to expand their markets, with...

Exploiting the potential of the Việt Nam-China-Russia international railway line

A workshop discussing measures to exploit the potential of the Việt Nam - China - Russia international intermodal rail transport route was held in Moscow on...

Over 600 transactions recorded at Việt Nam-China International Trade Fair

More than 600 transactions, 89 agreements and 22 pairs of contracts were signed during the six-day Viet Nam-China International Trade Fair, which wrapped up in Việt...

Int’l industrial machinery, equipment, technology expo opens in HCM City

The International Exhibition on Industrial Machinery, Equipment, Technology and Products in HCM City (VINAMAC EXPO 2023) is taking place at the Saigon Exhibition...

Jardine Cycle & Carriage invests $350 million in THACO

Truong Hai Corporation (THACO Group) – one of Vietnam’s largest privately held conglomerates - successfully issued bonds totalling approximately $350 million on...

MoIT starts project to promote greater energy eficiency

A project to promote energy efficiency among large business enterprises has been started by the Ministry of Industry and Trade (MoIT), in collaboration with the...

Hanoi calls for support in tourism infrastructure: Vice Chairman of Hanoi

At the virtual conference chaired by Prime Minister Pham Minh Chinh today, experts urge visa waivers and simplified procedures to boost tourism.

Vietnam urged to open new flight routes to boost tourism

Local airlines are committed to initiating tourism development programs grounded in Vietnam's rich cultural and historical heritage, coupled with the innovative...

HCM City: proactive in fostering co-operation with the UK

The southern economic hub of HCM City has been proactively cooperating with the United Kingdom in all aspects, offering businesses more opportunities to foster...

Petrovietnam’s revenue hits record in October despite falling petrol prices

The Vietnam Oil and Gas Group (Petrovietnam) posted the highest revenue in October since the beginning of this year, reported its General Director Lê Mạnh Hùng at a...


MOST READ


Back To Top