Yesterday, EU Trade Commissioner Cecilia Malmström and Vietnamese Minister of Industry and Trade Vu Huy Hoang agreed in principle on a comprehensive and ambitious trade and investment agreement.
This Memo is made by the European Commission summarizing main contents of the FTA Vietnam - EU.
Today the EU and Vietnam have reached an agreement in principle for a free trade agreement (FTA), after two and a half years of intense negotiations. Following a telephone conversation this morning between EU Trade Commissioner Cecilia Malmström and Vietnamese Minister of Industry and Trade Vu Huy Hoang, all issues of substance have been agreed, and both sides have reached a mutually beneficial and balanced package.
Today EU Trade Commissioner Cecilia Malmström and Vietnamese Minister of Industry and Trade Vu Huy Hoang agreed in principle on a comprehensive and ambitious trade and investment agreement. The final legal texts will have to be ironed out by negotiators after the summer break, but the substance of the deal has been agreed. This Free Trade Agreement (FTA), for which negotiations started in October 2012, is the most ambitious and comprehensive FTA that the EU has ever concluded with a developing country, the second in the ASEAN region after Singapore, and a further building block towards the EU’s ultimate objective of an ambitious and comprehensive region-to-region EU-ASEAN FTA. This agreement will allow EU exporters and investors to access a fast-growing market of 90 million people and to consolidate their presence in one of the most dynamic regions in the world.
Negotiating teams from EFTA and Vietnam met in Oslo from 26 to 29 May 2015 for a 12th round of negotiations on a Free Trade Agreement.
EU and Vietnam hold twelfth round of FTA talks
VGP - Viet Nam and the EU will continue the 12th round of negotiations on the EU-Viet Nam Free Trade Agreement (EVFTA) on March 24 in Ha Noi, which is expected the last session before the negotiations are concluded and the agreement signed.
The EU and Vietnam today completed the eleventh round of negotiations for a Free Trade Agreement (FTA). The talks were held in Brussels, on 19-23 January 2015. Both teams made further progress on all outstanding issues and are working towards a swift conclusion of the negotiations.
The EU and Vietnam completed the ninth round of negotiations for a Free Trade Agreement (FTA). The talks were held in Danang, Vietnam, from 22-26 September.
The 8th negotiation round of Vietnam – EU FTA was conducted from June 23 to 27, 2014 in Brussels, Belgium. In this round, negotiation in all aspects has been accelerated, especially is in those two sides have benefits.