EVFTA offers market gap for national agricultural sector
With the country poised to enjoy immediate tariff cuts right after the Vietnam-EU Free Trade Agreement (EVFTA) comes into effect, especially with regard to tariff reduction on agricultural processed products, there will be plenty of opportunities for local goods to enjoy competitive prices whilst exporting to the EU market.
Experts stated that there is a need to review overall technical standards and improve the industry’s capacity to meet the requirements set by high-end markets such as the EU.
