EVFTA and Vietnam's logistics sector07/01/2020 184
By: WTO and International Trade Center, VCCI
Vietnam – EU Free Trade Agreement (EVFTA) was signed at 30 June 2019 and is under the internal ratification for officially coming into force.
Logistics services (transport, transport auxiliary…) are the sectors with remarkable commitments in EVFTA towards open Vietnam market at a higher level than WTO commitments. Meanwhile, EU has advantages of logistics services. Moreover, EVFTA is expected to increase the demand for logistics services. Therefore, EVFTA is forecasted to have a significant impact on the future of Vietnam's logistics market.
The booklet provide (i) EVFTA-EVIPA commitments relating to logistics, (ii) various impacts of these commitments to logistics sector, related sectors and Vietnam economy, (iii) recommendations to exploit opportunities and overcome challenges from these commitments.
The booklet in Vietnamese is attached below.