European forests

Conserving biodiversity through sustainable forestry management

260.000 jobs in Europe

Bringing social and economic added value to rural areas

Use more wood

Reduce CO2 emissions and tackle climate change

Building with wood

A natural, strong, durable and recyclable material

EU-Vietnam trade agreement enters into force

31.07.2020

EU-Vietnam trade agreement enters into force

EU exports to Vietnam will be taxed less as of 1 August. This is the immediate effect of the entry into force of the EU-Vietnam trade agreement that will ultimately scrap duties on 99% of all goods traded between the two sides. Doing business in Vietnam will also become easier for European companies: they will now be able to invest and pitch for government contracts with equal chances to their local competitors. Under the new agreement, the economic benefits go hand in hand with guarantees of respect for labour rights, environment protection and the Paris Agreement on climate, through strong, legally binding and enforceable provisions on sustainable development.

For more information: HERE