EU-Vietnam Free Trade Agreement: Opportunities and Challenges for European Businesses
EU-Vietnam Free Trade Agreement: Opportunities and Challenges for European Businesses

Author(s): Damian Wnukowski
Subject(s): Supranational / Global Economy, Governance, Economic policy, International relations/trade
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: European Union; Vietnam; free trade agreement; economic cooperation; reduction of customs and administrative barriers; EU companies on Vietnamese market;
Summary/Abstract: The Free Trade Agreement currently under negotiation between the EU and Vietnam can reduce customs and administrative barriers in access to both markets and thus contribute to closer bilateral trade and investment cooperation. It could be also an incentive for European companies to enhance their presence in a prospective yet poorly saturated Vietnamese market. EU Member States should intensify efforts to support European entrepreneurs to seize business opportunities emerging from the implementation of the agreement.

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