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Vietnam's coffee industry is expected to enjoy tax incentives brought about by the implementation of EU-Vietnam Free Trade Agreement (EVFTA), especially as the EU market accounts for approximately 30% of global coffee consumption.

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Vietnamese Minister of Industry and Trade Tran Tuan Anh and the Netherlands’ Minister for Foreign Trade and Development Cooperation Sigrid Kaag engaged in a phone talk on September 1 to discuss ways to boost bilateral cooperation between the two sides.

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The Vietnam-EU Free Trade Agreement (EVFTA), although providing tax incentives and new preferential tariffs, will not create new incentives to improve competitiveness and open a wide market for Vietnam's timber products to be exported to the EU in the future.

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The Vietnam Association of Seafood Exporters and Producers (VASEP) has said that seafood exports to Europe have seen many positive signs since the EU-Vietnam Free Trade Agreement (EVFTA) came into effect at the beginning of this month.

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According to the Ministry of Industry and Trade’s Agency of Foreign Trade, rice exports to the EU (except the UK) totaled US$10.9 million in 2019, up 92.4 percent from 2018. These relatively modest exports stem from the customs duties of 175, 65 and 211 euro per tonne that the EU imposed on Vietnamese de-husked, broken and paddy rice, respectively.

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The Import and Export Department (MoIT) has just issued official dispatch No.812/ XNK-XXHH to associations, commodity sectors and exporters to provide guidance on proof of origin documents to support traders who export goods to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA).

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On August 11, the Business Times ran an article describing the EU-Vietnam Free Trade Agreement (EVFTA) as a significant economic milestone for Vietnam.

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The Prime Minister has approved a plan to implement the EU-Vietnam Free Trade Agreement (EVFTA).

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The Vietnam-EU free trade agreement is a highway that creates opportunities not only for 'heavy vehicles' but also 'mini trucks', says Vu Tien Loc, chairman of Vietnam Chamber of Commerce and Industry.

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Speaking at a video conference on the action plan to implement the free trade agreement between the Socialist Republic of Vietnam and The European Union (EVFTA) held on August 6, 2020, the Minister of Planning and Investment said that the Ministry has developed an action plan to implement the agreement with four groups of tasks and solutions.

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