Since the EU-Vietnam free trade agreement (EVFTA) took effect in August 2020, Belgium has played a significant role in promoting trade and foreign investments into Vietnam.

The EU - Vietnam Free Trade Agreement (EVFTA) has provided the Vietnamese agricultural sector with favourable opportunities for promoting export growth, while also posing challenges in terms of the implementation of the agreement.

Vietnam and Poland hold substantial potential for stepping up trade, especially in agricultural products and food, via the optimisation of incentives contained within the EU-Vietnam Free Trade Agreement (EVFTA), experts said at an online workshop held in HCM City on April 22.

Việt Nam's export turnover of Vietnamese goods to the 27 EU member countries has skyrocketed after eight months of implementing the EU - Việt Nam Free Trade Agreement (EVFTA), reaching nearly US$4.8 billion.

The Vietnam – EU free trade agreement (EVFTA) is considered an important push for the connection of businesses and exported goods to the EU market.

In the first quarter of 2021, exports of goods to many markets participating in FTAs such as the EU-Vietnam FTA (EVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the UK-Vietnam FTA (UKVFTA) have recorded a sharp increase, facilitating exports in the future.

According to the departments of Industry and Trade of provinces in the Mekong Delta, shrimp exports have improved and posted robust growth in the European market.

On 8 June 2020, Vietnam’s National Assembly ratified the EU-Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA) following almost 10 years of negotiations. On 12 February 2020, the European Parliament gave it consent to the ratification of the EVFTA and EVIPA.

Impressive figures on export growth to the EU market show that Vietnamese enterprises have initially approached and take advantage of opportunities arising from the EU-Vietnam Free Trade Agreement (EVFTA).

The German state of Bremen can serve as an important gateway for Vietnamese businesses to penetrate into the German market and the EU in general, a workshop in Ho Chi Minh City on March 31 heard.