A statement made by the European Commission (EC) on June 30 officially announced the European Union-Vietnam Free Trade Agreement (EVFTA), signed on June 30, 2019, will officially come into effective as of August 1.

The European Union Free Trade Agreement (EVFTA) will create significant opportunities for Vietnamese firms to recover and develop after the COVID-19 pandemic, Deputy Minister of Industry and Trade Trần Quốc Khánh said at a conference on Monday in Hà Nội.

On 8 June 2020 Vietnam ratified the European Union - Vietnam Free Trade Agreement (EVFTA) and the European Union - Vietnam Investment Protection Agreement (EVIPA). The EVFTA will provide expansive preferential markets access for goods traded between Vietnam and the European Union (EU). The EVFTA will enter into effect on 1 August 2020.

Minister of Industry and Trade Trần Tuấn Anh has signed Circular 11/2020/TT-BCT about rules of origin in the European Union – Việt Nam Free Trade Agreement (EVFTA).

Domestic and foreign businesses are hailing the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) by the Vietnamese National Assembly as a significant milestone in Vietnam-EU cooperation.

Vietnam’s logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories.

The National Assembly has passed the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement, ushering in a new economic, trade, and investment co-operation outlook for both Vietnam and the EU. Bui Thanh Son, First Deputy Minister of Foreign Affairs, writes about the deals as an important step to realising Vietnam’s Strategy for International Integration until 2020, with a vision to 2030.

In a recent interview with The World & Vietnam Report, Director General of the Legal Department of Vietnam Chamber of Commerce and Industry (VCCI), Mr. Dau Anh Tuan stated that EVFTA has created a new “playing field” for Vietnamese businesses but they must actively learn and adapt to the “rules of the game” to take advantage of it.

Up to now, the EU has investigated 14 trade remedies, including six cases of tax evasion investigations related to Vietnam's exports, ranking fifth among the surveyed countries and accounting for 8% of all cases with Vietnamese goods.

Deputy Minister of Foreign Affairs Dang Minh Khoi and his Turkish counterpart Sedat Unal discussed measures to boost relations between Vietnam and Turkey in the context of the COVID-19 pandemic, during their phone talk on June 23. Khoi said Vietnam is willing to share its experience in the pandemic combat and expressed his belief that Turkey will soon contain the disease.