Vietnam’s Trade & Investment With The European Union Following The 2020 EVFTAIt has been nearly three years since Vietnam and the European Union signed the EVFTA. Since the EU-Vietnam Free Trade Agreement (EVFTA) came into effect in August 2020, trade and investment from Europe has boomed. FranceFrance is now among the largest EU trade partners of Vietnam, and the fourth largest EU export market to the latter. Vietnam currently has four investment projects in Spain with a total capital of more than US$64 million(28). PortugalBilateral trade US$640 million in 2021; US$100 million Portugal into Vietnam (54/210); US$540 Vietnam into Portugal (47/147).

Source: Viet Nam News July 12, 2023 10:54 UTC