On March 30, 2020, the EU Council adopted a decision on the conclusion of the EU-Vietnam Free Trade Agreement.
The Free Trade Agreement (FTA) will eliminate nearly all customs duties on goods traded between the two parties in a progressive way. The agreement also contains specific provisions to remove technical obstacles to trade.
This agreement was signed on June 30, 2019, and its entry into force is expected by summer 2020, when the Vietnamese National Assembly ratifies the FTA.