Fruitful results after one-year implementation of EVFTA
After one year of implementation, the EU-Vietnam Free Trade Agreement (EVFTA) has brought about fruitful results to many export industries of Vietnam and it is also a free trade pact best utilised by Vietnamese enterprises.
According to the Ministry of Industry and Trade, the proportion of exports with the EUR.1 certificate of origin reached 29.09% in the first six months of 2021.
EUR.1 movement certificate
of total exports
In the first six months of 2021, Vietnamese exports to the EU reached US$19.4 billion, up 18.3% and imports from the EU into Vietnam reached US$8.2 billion, up 19.1% over the same period in 2020.
Five months into EVFTA
Rattan & bamboo
Fruit & vegetables
First half of 2021 vs first half of 2020
As of June 2021, 2,221 projects (an increase of 142 projects over the same period in 2020) from 26 out of 27 EU countries are valid in Vietnam, with total registered capital of US$22.21 billion, up US$449 million over the same period in 2020, accounting for 5.58% of the total registered investment capital of countries and territories into Vietnam and accounting for 6.57% of total number of projects.
Share of investment
of total investment
Share of projects
of total projects