Vietnamese enterprises to enjoy benefits from EVFTA

Last month, the EU and Vietnam concluded negotiations on the EU-Vietnam Free Trade Agreement (EVFTA). This FTA, which will be signed in the coming time, is receiving lots of attention from European enterprises. Our correspondent was present at a business forum recently held in Bulgary to find out more information about this.
The EU-Vietnam Free Trade Agreement (EVFTA) is said to bring about huge opportunities, especially for overseasVietnamese enterprises in the EU. Most of these enterprises are frequently doing business with partners in Vietnam, importing textiles or agricultural produce to the EU--at the same time exporting European goods to sell inVietnam. Once the EVFTA is signed, customs duties will be reduced to zero percent for virtually all products from both sides, resulting in numerous benefits.