Local tuna exports reported a spike during the initial months of the year due to tuna exporters taking full advantage of opportunities from new trade agreements such as the EU-Vietnam Free Trade Agreement and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

The EVFTA since its inception on August 1, 2020, has contributed to raising bilateral trade turnover to $57 billion in 2021.

Vietnam has been advised to remove a number of bottlenecks in a bid to further improve the local business climate and attract high-quality FDI inflows from Europe.

France is a promising market for Vietnam’s agricultural products and foodstuffs, according to the Vietnam Trade Office in France.

Vietnam and Luxembourg have agreed to ramp up co-operation in the economic, financial, and investment fields to utilise incentives from the EU-Vietnam Free Trade Agreement (EVFTA) and the impending EU-Vietnam Investment Protection Agreement (EVIPA).

The implementation of the EU - Vietnam Free Trade Agreement (EVFTA) has greatly helped make up for a downturn in the economy caused by the COVID-19 pandemic, experts said at a workshop in Hanoi on February 25.

The opportunities for the local firms are huge as the EU remains the second-largest import market in the world with a turnover of $2.16 trillion in 2020.

The EU-Việt Nam Free Trade Agreement (EVFTA) has opened up unprecedented opportunities for Vietnamese rice. Thanks to the preferential tariffs, the export of jasmine rice and high-quality rice to the EU has never been so good.

The European Commission has just issued a decision to increase the frequency of inspection for Vietnamese dragon fruit export shipments from 10% to 20%.

Vietnam's goods exports to the European Union (EU) market are expected to get brighter than in 2021.