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Representatives from the European Union and Vietnam have officially signed the landmark EU-Vietnam Trade Agreement (EVFTA), paving the way for closer cooperation between the trade bloc and the Southeast Asian country. Talking to WTR, IP practitioners in Vietnam claim that the EVFTA will improve the country’s intellectual property ecosystem, including significant changes to the trademark, design and GI system.

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Vietnam has become more attractive to foreign investors than ever before as various freshly-inked new-generation free trade deals, including the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), are expected to facilitate trade and benefit foreign enterprises.

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The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) will help the Vietnamese steel sector expand export markets in Europe, industry insiders said.

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The European Union Vietnam Free Trade Agreement (EVFTA) was signed on June 30 in Hanoi paving the way for its conclusion and increased trade with the EU and Vietnam.

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As a new free trade agreement (FTA) with the deepest integration levels ever, the EU-Vietnam Free Trade Agreement (EVFTA) will be an important impetus to foster Vietnam's exports to the EU. At the same time, the FTA will be a "key" for Vietnamese enterprises to penetrate deeper into one of the largest markets with the most potential in the world. However, unlocking the full benefits and opportunities from this deal is not easy.

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Speaking after the signature over the weekend in Hanoi of the EU-Vietnam Free Trade and Investment Protection Agreements, EuroCommerce Director-General Christian Verschueren commented:

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After Vietnam signed a bilateral free trade agreement with the European Union (EU), many Japanese enterprises expressed their optimism about business opportunities that the deal could bring to the Southeast Asian market.

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The European Union has inked a wide-ranging free trade agreement (FTA) with Vietnam, its second with a member of the 10-nation Association of Southeast Asian Nations (Asean) after it agreed a similar deal with Singapore earlier this year.

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History was made yesterday as Việt Nam and the European Union signed agreements on free trade and investment protection at a ceremony in Ha Noi.

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Vietnam's textile and garment exports to the EU could rise ten-fold to $40 billion after the EU-Vietnam Free Trade Agreement takes effect.

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