Vietnam – Europe Free Trade Agreement (EVFTA) explained

What does the EVFTA mean? Almost all import duties on both sides will disappear.  In short the Trade Agreement means Vietnam will eliminate 99 percent of its import duties over 10 years and the E.U. will do the same over 7 years. Europe side As from August 1st 2020, the E.U. has immediately eliminated import duties on some 85.6 percent [...]