EVFTA gives Vietnamese exports stronger foothold in EU market
Hanoi, July 30 -- Nearly six years after taking effect, the EU-Vietnam Free Trade Agreement (EVFTA) has continued to play a critical role in expanding Vietnam's exports to the European Union (EU), helping businesses strengthen their competitiveness and gain a firmer foothold in one of the world's most demanding markets. Beyond tariff reductions, the agreement has enabled Vietnamese exporters to integrate more deeply into global supply chains. However, experts warn that this competitive advantage will not last indefinitely as the EU signs free trade agreements (FTAs) with more partners, making it crucial for Vietnamese businesses to turn current incentives into long-term strengths. According to experts, the EVFTA is an important element in...
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