The Vietnam - EU Free Trade Agreement (EVFTA) is a new generation FTA between Vietnam and 28 EU member countries. EVFTA, along with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), are two FTAs with the widest scope of commitments and the highest level of commitment of Vietnam ever.<\/p>\n
On December 1, 2015, EVFTA officially ended negotiations and on February 1, 2016, the agreement text was announced. On June 26, 2018, a new step of EVFTA was agreed. Accordingly, EVFTA is divided into two Agreements, one is the Trade Agreement (EVFTA), and the other is the Investment Protection Agreement (EVIPA); At the same time, officially ending the legal review process for the EVFTA Agreement.<\/p>\n
In August 2018, the legal review process for EVIPA was also completed. The two Agreements were signed on June 30, 2019. EVFTA and EVIPA were ratified by the European Parliament on February 12, 2020, and ratified by the Vietnamese National Assembly on June 8, 2020.<\/p>\n
On March 30, 2020, the European Council also approved the EVFTA. For EVFTA, due to the completion of ratification procedures, this Agreement has officially taken effect from August 1, 2020. Regarding EVIPA, on the EU side, the Agreement will still have to be ratified by the Parliaments of all 27 EU member countries (after the UK completes Brexit) to take effect.<\/p>\n
Full text of the free trade agreement between Vietnam and the European Union<\/strong><\/a><\/p>\n Preface<\/strong><\/a><\/p>\n Chapter 1: General Objectives and Definitions<\/strong><\/a><\/p>\n Chapter 2: National Treatment and Market Opening for Goods<\/strong><\/a><\/p>\n Appendix 2-A: Reduction or elimination of tariffs<\/a><\/p>\n Sub-annex 2-A-1: European Union Tariff Schedule<\/a><\/p>\n Sub-appendix 2-A-2: Vietnam's tariff schedule<\/a><\/p>\n Sub-Appendix 2-A-3: Vietnam's export tariff schedule<\/a><\/p>\n Sub-Appendix 2-A-4: Vietnam's specific measures on managing import and export of goods<\/a><\/p>\n Sub-Appendix 2-A-5: Goods excluded from the definition of remanufactured goods<\/a><\/p>\n Appendix 2-B: Motor vehicles and spare parts and equipment of motor vehicles<\/a><\/p>\n Appendix 2-C: Pharmaceuticals and Medical Equipment<\/a><\/p>\n Chapter 3: Trade Defense<\/strong><\/a><\/p>\n Chapter 4: Customs and Trade Facilitation<\/strong><\/a><\/p>\n Chapter 5: Technical barriers to trade<\/strong><\/a><\/p>\n Chapter 6: Food safety and plant and animal quarantine measures<\/strong><\/a><\/p>\n Appendix 6: Requirements and procedures for approval of product facilities<\/a><\/p>\n Chapter 7: Non-tariff barriers to trade and investment in renewable energy production<\/strong><\/a><\/p>\n Appendix 7: List of tariffs<\/a><\/p>\n Chapter 8: Liberalization of investment, trade in services and e-commerce<\/strong><\/a><\/p>\n Appendix 8-A: Schedule of specific commitments of the European Union<\/a><\/p>\n Appendix 8-B: Schedule of specific commitments of Vietnam<\/a><\/p>\n Annex 8-C: Vietnam's Exception to National Treatment<\/a><\/p>\n Chapter 9: Public procurement<\/strong><\/a><\/p>\n Annex 9-A: Coverage of the Government Procurement Chapter for the European Union<\/a><\/p>\n Appendix 9-B: Scope of Government Procurement Chapter for Vietnam<\/a><\/p>\n Chapter 10: Competition policy<\/strong><\/a><\/p>\n Chapter 11: State-owned Enterprises, Enterprises Granted Special Privileges or Incentives, and Designated Monopolies<\/strong><\/a><\/p>\n Appendix 11: Specific regulations for Vietnam on State-owned Enterprises, Enterprises granted special privileges or incentives, and Designated Monopolies<\/a><\/p>\n Chapter 12: Intellectual property<\/strong><\/a><\/p>\n Appendix 12-A<\/a><\/p>\n Chapter 13: Trade and Sustainable Development<\/strong><\/a><\/p>\n Chapter 14: Transparency<\/strong><\/a><\/p>\n Chapter 15: Dispute resolution<\/strong><\/a><\/p>\n Appendix 15-A: Arbitration Rules<\/a><\/p>\n Appendix 15-B: Code of Conduct for Arbitrators and Mediators<\/a><\/p>\n Appendix 15-C: Mediation mechanism<\/a><\/p>\n Chapter 16: Cooperation and Capacity Building<\/strong><\/a><\/p>\n Chapter 17: Institutional Provisions, General Provisions and Final Provisions<\/strong><\/a><\/p>\n Protocol 1: Regulations on originating goods and methods of administrative cooperation<\/strong><\/a><\/p>\n Protocol 2: On mutual administrative assistance in the field of customs<\/strong><\/a><\/p>\n The memorandum of understanding involves specific commitments on wine and spirits distribution services<\/strong><\/a><\/p>\n Memorandum of understanding on bank capital contribution<\/strong><\/a><\/p>\n The<\/strong>\u00a0General statement<\/strong><\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n