Vietnam-EU FTA to boost deliveries of Vietnamese wood products to the European market
Vietnam and the European Union (EU) last week signed a landmark free trade deal that will slash tariffs on almost all goods, including wood and timber products. It is expected to give Vietnamese wood exporters better market access and more opportunities to expand their business. The EU is among the top five buyers of Vietnamese wood and timber products, accounting for 13 – 17 percent of Vietnam’s wood exports. In 2018, Vietnam’s export of wood and timber products reached a record value of 9.3 billion USD, 900 million USD of which was ...
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