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Update news EVFTA
Over the past five years, the EU–Vietnam Free Trade Agreement has spurred double-digit export growth, strengthened investment ties, and helped Vietnam secure a stronger foothold in the French and EU markets.
Vietnam’s Trade Counsellor in Germany, Dang Thi Thanh Phuong, has recently shared an overview of the achievements of the EVFTA during a media interview in Berlin, marking five years since the agreement officially took effect in August 2020.
After 5 years of implementation, the EU-VN Free Trade Agreement (EVFTA) has delivered many positive outcomes, including a robust growth of VN's exports to the EU, particularly in key sectors such as textiles, footwear, and agro-fishery products.
Vietnam's exports will continue to enjoy a strong competitive advantage in the Dutch market due to tariff reductions under the EU-Vietnam Free Trade Agreement (EVFTA), according to the Vietnam Trade Office in the Netherlands.