Open figure viewer
Subject
EU-Vietnam trade ties.
Significance
Trade between the EU and Vietnam will grow following the signing of a free-trade agreement (FTA) on August 4. The EU-Vietnam Free Trade Agreement (EVFTA) is the first the EU has concluded with a developing country and the second with an ASEAN member after Singapore.
Impacts
South-east Asian competition over trade with Europe will increase.
EVFTA's success will rely on business awareness of the agreement's provisions.
The deal will not hasten conclusion of a pan-ASEAN-EU free-trade agreement
Keywords:
EU,
Vietnam,
AP,
EUR,
Cambodia,
United States,
EU/VIETNAM,
industry,
automobile,
corporate,
deregulation,
foreign trade,
government,
growth
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2015
You do not currently have access to this content.
