With immediate effect, the trade deal eliminates 71 percent of duties on exports from Vietnam to the EU as well as 65 percent of duties on exports from the EU to Vietnam. The remaining will be gradually phased out over the next 7-10 years. This tariff elimination benefits key export industries in Vietnam, such as the production of smartphones and electronic devices, textiles, footwear and agricultural products like coffee.
Do you have regular transports from Vietnam to Europe? Benefit from our weekly LCL services from Ho Chi Minh City via Singapore to Koper with port-to-port transit times of 25-28 days! Our one-stop solution includes pick-up throughout Vietnam, storage at our iLogistics Center in Ljubljana and on-forwarding to Belgrade, Bratislava, Budapest, Vienna and Zagreb. Contact your local cargo-partner Sea Cargo team to find out more!