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How are Vietnam's key products tax reduction after EVFTA?

Vietnam - EU Free Trade Agreement (EVFTA) has officially been approved by the National Assembly on 8th June.

EVFTA: challenges for SMEs

Besides opportunities and benefits, small and medium enterprises also face many challenges when the EU-Vietnam Free Trade Agreement (EVFTA) comes into force.

RCEP on track to be inked by year-end

The Regional Comprehensive Economic Partnership (RCEP) remains on track to be signed by the end of 2020, said Singapore’s Trade and Industry Minister Chan Chun Sing on May 3.
EU finalizes EVFTA ratification process
VGP – The European Council has passed the EU-Viet Nam Free Trade Agreement (EVFTA), marking the EU's completion of the entire deal ratification process.
Vietnamese finance market braced for remarkable EU-Vietnam FTA impacts
Under the EU-Vietnam Free Trade Agreement (EVFTA), compared to many other service sectors, financial services have been much more limited in market opening in terms of both the scope of activities and the level of foreign participation.

Vietnam is the EU's second largest trading partner in the ASEAN region after Singapore, with trade worth €49.3 billion for goods and over €3 billion for services. While EU investment stock in Vietnam remains modest standing just at €6 billion in 2017, an increasing number of European companies are establishing there to set up a hub to serve the Mekong region. Main EU imports from Vietnam include telecommunications equipment, footwear and textiles, furniture and agricultural products. The EU mainly exports to Vietnam goods such as machinery and transport equipment, chemicals and food and beverages.

The agreements reached with Vietnam, alongside those signed recently with Singapore, help paving the way for a future region-to-region agreement with the entire Association of Southeast Asian Nations (ASEAN).

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