Five years after the EU-Vietnam Free Trade Agreement (EVFTA) entered into force, both sides have hailed the deal as a success, while also acknowledging the need to tackle remaining barriers and move toward a more balanced trade relationship.

The European Union (EU) is an important partner in Vietnam’s foreign policy, Deputy Prime Minister Bui Thanh Son affirmed at a meeting with EU Commissioner for Trade and Economic Security Maros Sefcovic in Hanoi on September 26.

VOV.VN - Vietnam values its comprehensive partnership with the European Union, one of its most important partners, said Vice Chairman of the National Assembly Le Minh Hoan during his meeting with Woute Beke, member of the European Parliament, in Kuala Lumpur, Malaysia, on September 18.

VOV.VN - Vietnam has transformed from a war-torn country into a trusted global partner through bold deep integration, affirming its development model and securing its role as a vital link in global supply chains.

VOV.VN - Finnish Ambassador to Vietnam Keijo Norvanto has affirmed Finland’s strong support for enhancing Vietnam-EU relations and effectively implementing the EVFTA, noting that Finnish businesses will continue close collaboration with Vietnamese partners for shared growth.

Czech Minister of Industry and Trade Lukáš Vlček has highlighted the significant progress in EU-Vietnam trade relations five years after the EU-Vietnam Free Trade Agreement (EVFTA) took effect on August 1, 2020.

The EU - Vietnam Free Trade Agreement (EVFTA), now in its fifth year, remains a crucial tool to foster the strategic partnership between Vietnam and the European Union (EU), said Ambassador Nguyen Van Thao, Head of Vietnam's Mission to the EU.

VOV.VN - After five years in effect, the EU–Vietnam Free Trade Agreement (EVFTA) has not only sustained the momentum of bilateral trade growth but also marked a significant turning point in Vietnam’s institutional reform, development strategy, and the global competitiveness of Vietnamese goods.

VOV.VN - Over the past five years, the EU-Vietnam Free Trade Agreement (EVFTA) has spurred double-digit export growth, strengthened investment ties, and helped Vietnam secure a stronger foothold in the French and EU markets.

Over the past five years, the EU-Vietnam Free Trade Agreement (EVFTA) has served as a vital pillar in deepening economic and trade ties between Vietnam and Italy, said Duong Phuong Thao, Vietnamese Trade Counsellor in Italy.