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Ha Noi
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Vietnam targets 3.5% EU market share by 2030

by Vietnam Today 09/11/2026 11:15 AM

VTV.vn - Vietnam aims to increase its share of the European Union market from around 2.5 percent to 3.5 percent by 2030.

After nearly seven years of the EU-Vietnam Free Trade Agreement (EVFTA), Vietnamese goods enjoy tariff preferences on 99 percent of tariff lines in the EU.

However, this advantage is narrowing as the bloc signs more trade deals with other markets.

The Ministry of Industry and Trade is therefore focusing on improving competitiveness, promoting green and sustainable production, and meeting stricter non-tariff requirements. Support programmes will also help businesses expand exports and join global supply chains.

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