EVFTA to further increase FDI to Vietnam in mid-and long-term

14/10/2021 17:32 11

EVFTA to further increase FDI to Vietnam in mid-and long-term


European investors have diversified investments in Vietnam to new fields, including telecommunications, finance, office leasing, retail, hi-tech farming, and pharmacy.

Foreign direct investment (FDI) inflows to high-quality projects are set to keep increasing to Vietnam in the mid-and long-term thanks to the EU-Vietnam Free Trade Agreement (EVFTA).

The EVFTA was signed between Vietnam and the EU on June 30, 2019. After both sides ratified the deal, it became effective on August 1, 2020.

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