News | The Europe – Vietnam Free Trade Agreement (EVFTA)

The Europe – Vietnam Free Trade Agreement (EVFTA), which came into effect on August 1st is expected to open a new era in the economic relationship between the two sides, in the context of countries around the world trying to overcome the Covid-19 pandemic. The EVFTA, together with the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), are the two free trade agreements (FTAs) with the highest and widest range of commitments that Vietnam has ever engaged in.
More than ever, businesses need to change their global approach, make efforts to actively improve their internal production capacity, improve their ability to participate in international trade to seize opportunities and overcome challenges, successfully conqueredthe EU as well as international markets, and integrate into the  international value chain.
With this, the trend of cross-border e-commerce will continue to increase with the EU and US. Accompanying businesses during this period, WTC BDNC organized a series of WTC Trade Talk webinars to share information, update market trends, and promote new ideas and technologies in the manufacturing industry, logistics, and e-commerce to facilitate communication and connectivity between corporations with local and international businesses to build a strong and diversified Vietnamese industry.

WHY TRADE IN BINH DUONG


THE FACTS
With international network and local insights and expertise, the
WTC Binh Duong New City is ready to serve your international trade needs.

Export
28,8 billions USD Binh Duong exports 28.8 billion USD in 2019, 10% national’s export value.

#2 FDI Attraction
32,9 billions USD Binh Duong ranks #2 in FDI attraction, 34.92 billion USD in 2019

Industrial Production
Accounts for 10% of Vietnam’s export value, 13% national industrial production