Market Strategy – EVFTA – A new driver for Vietnam export growth
- On 8 Jun, the National Assembly of Vietnam ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). The EVFTA is expected to officially enter into force on 1 Aug 2020. The EVFTA and EVIPA are expected to boost trade and investment between Vietnam and EU in the next decade and leave the door for Vietnam to further integrate into the global value chain.
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