HÀ NỘI — The free trade agreement between the European Union and Việt Nam, known as the EVFTA, which was signed on June 30 last year, will enter into force on August 1.
The announcement was made by the European Commission in a notice published on Tuesday.
The EVFTA will abolish 65 per cent of the duties on EU exports to its developing partner, with the remainder phased out over a 10-year period.
For Việt Nam’s exports to the EU, the EVFTA will also eliminate 71 per cent of export duties from August 1, and the rest will be eliminated over a seven-year period. Tiếp tục đọc “EVFTA to come into effect in a month”