Impact of the EU: Vietnam Free Trade Agreement (EVFTA) on Agricultural Product Export Enterprises in Vietnam

Phan Thu Trang, Tran Xuan Hiep, Do Thi Tho, Tran The Tuan and Tran Cao Nguyen

Academic Journal of Interdisciplinary Studies, 2023, vol. 12

Abstract: New-generation free trade agreements (FTAs) have promoted Vietnam's international integration process and brought many opportunities for Vietnamese exporters. Agricultural products are most affected when implementing new-generation FTAs. Impacts can include both positive and negative effects. The objective of this article is to analyze some of the impacts of the FTA between the EU and Vietnam on Vietnam's agricultural export enterprises after the agreement is signed. Research results show that the FTA has increased the import and export volume of agricultural products, and some of the strengths of Vietnamese agricultural products have also increased. Research results also show that when participating in FTAs, if businesses do not adapt in time, they will be left behind. At the same time, the paper also provides recommendations and solutions for enterprises and enterprises exporting agricultural products to Vietnam and the state to take advantage of and limit the negative impacts of FTAs.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:bjz:ajisjr:2343

DOI: 10.36941/ajis-2023-0010

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