Insiders discussed ways to expand the export of locally-branded products to member markets of the European Union – Vietnam Free Trade Agreement (EVFTA), at a seminar held by Cong Thuong (Industry and Trade) Magazine on November 25 in Hanoi.

It is forecasted that an additional 146,000 jobs will be made for 2022-2025, thanks to the EU-Viet Nam Free Trade Agreement (EVFTA) implementation.

The EU-Viet Nam Free Trade Agreement (EVFTA), the first trade deal between the two sides, is likened to a significant "highway" directly connecting the Vietnamese economy with the 27 EU economies.

Four out of every 10 Vietnamese businesses have gained some benefits, including in import-export, from the Vietnam-EU Free Trade Agreement (EVFTA), according to a survey of VCCI.

Vietnamese enterprises are making relatively good use of the EU-Vietnam Free Trade Agreement (EVFTA), a recent survey revealed.

The EVFTA played an important role in mitigating adverse impacts of unprecedented fluctuations and helping improve the trade and investment relations between the two sides.

A survey by the Vietnam Chamber of Commerce and Industry (VCCI) shows that 94% of Vietnamese businesses know about EVFTA, the highest rate among FTAs that Vietnam has joined.

The two years on from the implementation of the EU-Vietnam Free Trade Agreement (EVFTA), many Vietnamese export items have recorded impressive growth in the EU market.

A little talked about circular came into force earlier this month that could pay dividends for pharmaceutical companies in Spain, Poland, Italy and Hungary looking to enter the Vietnamese pharmaceuticals market.

The EU-Vietnam Free Trade Agreement (EVFTA) officially took effect more than two years ago, and bilateral trade has grown considerably ever since.