EU and Vietnam reach free trade agreement

vietnam-26834_1280 european-union-155207_1280

 

 

 

 

The European Union and Vietnam have agreed terms on a free trade agreement that will remove nearly all tariffs on goods traded between the two economies. EU trade commissioner Cecilia Malmström comments on the agreement: “Vietnam is a growing economy and once this agreement is up and running, it will provide significant new opportunities for companies on both sides, by increasing market access for goods and services.”

Vietnam is predicted to be the fastest growing of the developing economies by 2025, with a potential growth rate of 10% per annum.

Contact us to discuss how our translation services can support your company’s expansion into Vietnam and other developing markets via our in-country branch offices.

Learn more about STAR’s presence in Vietnam – http://star-vietnam.com.vn

Sources

Global Trade Review – http://bit.ly/1XjrJt3  Export Britain – http://bit.ly/1NZJSIr

This entry was posted in Exporting, Translation by Steve Smith. Bookmark the permalink.

About Steve Smith

Steve Smith has been with STAR UK since 2007 and is now the Managing Director. Hobbies include kayaking and night mountain biking, but most of his spare time is spent trying (and mostly failing) to convince his daughters that homework is a useful way to spend their time. Prior to joining STAR, Steve was Head of Subtitling at the European Captioning Institute.

Leave a Reply