Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union.

The trade turnover between Vietnam and the European Union (EU) reached US$52.5 billion in the first ten months of this year, up 14% over the same period last year, according to the Ministry of Industry and Trade (MoIT).

VOV.VN - The two years on from the implementation of the EU-Vietnam Free Trade Agreement (EVFTA), many Vietnamese export items have recorded impressive growth in the EU market.

VOV.VN - The nation’s export value to the EU grew further in the first six months of this year, resulting in a trade surplus of US$15.5 billion, a rise of nearly 39%, thanks to the bilateral free trade agreement in place between the two sides.

Iron and steel exports to the European Union (EU) reached 713,000 tonnes in the first five months of this year, up five times year-on-year, reported the General Department of Customs.

VOV.VN - With the impending European Union-Vietnam Free Trade Agreement (EVFTA) poised to come into force in August, the country’s timber and wood exports to the EU are projected to enjoy greater breakthroughs due to the launch of preferential tariffs.