Abstract

EU—Vietnam Free Trade Agreement (EVFTA) was signed on June 30, 2019 and approved by the European Parliament (EP) on February 02, 2020 and the National Assembly of Vietnam has officially ratified the EVFTA on June 08, 2020, marking a significant milestone for the trade relations between Vietnam and the European Union. EVFTA is a comprehensive new generation agreement and the first EU's FTA with a developing country like Vietnam. This paper provides a review of new opportunities, challenges for and tasks of Vietnam once this agreement comes into enforcement.

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