Since it took effect, the Vietnam-EU Free Trade Agreement (EVFTA) has had a significant impact on boosting Vietnam's exports to the EU. Notably, thanks to the EVFTA, Vietnam's agricultural products are expected to have more "leverage" to penetrate deeper into the market of Northern European countries

A cooperation programme to help businesses to optimise advantages from the EU-Vietnam Free Trade Agreement (EVFTA) through the Vietnam-EU e-commerce platform made debut in Hanoi on March 26.

The nation has risen to become Germany's largest trading partner in ASEAN and its fifth throughout Asia, while Germany remains the country’s largest trading partner in the EU, with bilateral turnover reaching over EUR13 billion last year.

The EU-Vietnam Free Trade Agreement (EVFTA) has clearly helped promote trade between Vietnam and Sweden, with Vietnam’s export turnover to the country in January surging 99.94 percent year-on-year, according to the Vietnamese Trade Office in Sweden.

Vietnam is among the top textile-producing countries and apparel exporters in the world, emerging as an ideal alternative to China

Việt Nam remains France’s largest goods supplier in ASEAN and Vietnamese exports still have the opportunity to penetrate further into the European market.

Việt Nam and Slovenia boast high potential for cooperation in manufacturing agro-forestry-fisheries machinery and equipment – an area of Slovenia’s strength and Việt Nam’s demand, said Vũ Bá Phú, head of the Trade Promotion Agency under the Ministry of Industry and Trade, at a recent online Việt Nam-Slovenia business exchange.

The EU-Vietnam Free Trade Agreement (EVFTA) has created a wealth of opportunities that the local plastics industry can make use of to expand export markets and attract additional foreign investment, according to insiders.

Accompanying and sharing with businesses, especially import and export companies,to confidently participate in the EVFTA, is considered one of the key tasks that the Customs sector has performed effectively.

Five months after the EU-Vietnam Free Trade Agreement (EVFTA) took effect, many agricultural export products increased in both volume and value. However, some key export products of Vietnam have not taken advantage of the EVFTA yet, such as cashew, honey, and sugarcane industries.