The EU is one of the top 5 markets for wood and wood products (W&WP) exported from Vietnam. In 2019 the W&WP exports to the EU (then including the UK) was reported at US$865 million.  With the European Union – Vietnam Free Trade Agreement (EVFTA), which entered into force on 1 August 2020, Vietnam’s W&WP export to EU are expected to penetrate new markets rather than just France, Germany, Netherlands, Belgium, Denmark and Spain as was the case prior to the EVFTA.  The EVFTA tax reduction/exemption ...