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The European Union and Vietnam signed a Trade Agreement and an Investment Protection Agreement on 30 June 2019.

Once in force, the agreements will provide opportunities to increase trade and support jobs and growth on both sides, through

  • Eliminating 99% of all tariffs
  • Reducing regulatory barriers and overlapping red tape
  • Ensuring protection of geographical indications
  • Opening up services and public procurement markets
  • Making sure the agreed rules are enforceable

Following the signatures, the agreements will be presented on the Vietnamese side to the National Assembly for ratification and on the EU side to the European Parliament for its consent, as well as to the respective national parliaments of EU Member States in the case of the Investment Protection Agreement.

The EU-Vietnam agreement in 60 seconds

A quick overview the agreements

Factsheets

Main benefits, benefits for agriculture, standards and values

EU-Vietnam trade in your town

Learn about each EU country's exports to Vietnam

Trade stories

Get inspired by some of the small firms that look forward to the EU-Vietnam trade agreement

Texts of the agreements

Read the legal texts of the agreements

Vietnam information page

Discover the current trade relations between the EU and Vietnam