Since the EUVFTA came into effect, goods exported to the EU granted a Vietnamese C/O under EUR. 1 form have accounted for 20 per cent of total exports to the bloc.
Vietnam’s exports totaled more than $216 billion in the first seven months of 2022, a 16.1 per cent increase year-on-year. Maintaining export growth over the closing months of the year is expected to face challenges as demand from import markets is affected by inflation and recession.