Vietnamese goods gain wider access to EU market
Hanoi, Sept. 21 -- Vietnamese goods are gaining greater access to the European Union (EU) market as the tariff commitments under the EU-Vietnam Free Trade Agreement (EVFTA) reach an important milestone, creating new opportunities for exporters while placing greater demands on product quality, origin and sustainability. In the seventh year of implementing the agreement, the EU has completed its tariff liberalisation schedule, bringing import duties on approximately 99% of tariff lines for Vietnamese goods to zero. The development is expected to strengthen the competitiveness of Vietnamese businesses in the European market, but also requires them to improve their ability to meet increasingly strict market standards. After six years of imple...
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