According to the article, with the recent significant progress in bilateral cooperation with the EU in key sectors, Vietnam is becoming an important and effective bridge, contributing to the strengthening of joint cooperation mechanisms between ASEAN and the EU.
In particular, the signing of the EU-Vietnam Free Trade Agreement (EVFTA) and its coming into force in 2020 has created a strong impetus for economic exchanges and trade between the two sides, and is also considered as a model for the EU to continue expanding its engagement across the entire ASEAN region, it held.
The article underlined that despite being affected by the COVID-19 pandemic, the trade turnover between Vietnam and the EU has grown impressively in recent years.
Two-way trade in the first eight months of this year reached 42.4 billion USD, an increase of over 14.8% compared to the same period of 2021./.
