Since the EVFTA came into effect on August 1, 2020, Viet Nam’s two-way trade turnover has achieved impressive growth, despite the severe impact of the COVID-19 pandemic, logistics and supply chain crisis, and geopolitical fluctuations.

The Ministry of Industry and Trade (MoIT) on December 27 organised a conference to review the implementation of the EU-Vietnam Free Trade Agreement (EVFTA) over the last two years.

Due to a lack of knowledge about origin regulations, many Vietnamese firms have yet to optimise advantages from the EU-Vietnam Free Trade Agreement (EVFTA), which has been effective for two years and generated great benefits for both sides.

Issues relating to labour, tariffs, and green export development remain challenges that export businesses must face when implementing the EU-Vietnam Free Trade Agreement (EVFTA).

The Trade Committee of the EU-Viet Nam Free Trade Agreement (EVFTA) held its second meeting virtually on December 19.

Vietnam supports the Federation of the European Sporting Goods Industry (FESI) to develop its production system of footwear and sporting goods in the country.

A seminar on how to fully tap the benefits of imports and investment from the EU – Vietnam Free Trade Agreement (EVFTA) was held by the Cong Thuong (Industry and Trade) Magazine on December 6.

The free trade agreement index (FTA Index) was expected to create an impetus for localities to create a favourable environment for enterprises and enable them to take advantage of free trade deals.

The EU-Vietnam Free Trade Agreement (EVFTA) contributes to attracting European businesses and financiers to Vietnam, thereby expanding investment and business ties while creating a wealth of opportunities for local firms to step up co-operation and absorb technology transfer.

Under the Vietnam Chamber of Commerce and Industry (VCCI), with the momentum from the Free Trade Agreement between Vietnam and the European Union (EVFTA), Vietnamese businesses will not only have opportunities in the EU but will also spread to other developed markets.