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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood flooring / Wood Products / Wood-based panels / Asia & Middle East / Europe / Global
August 4, 2020

EU-Vietnam trade agreement enters into force; wood industry to benefit

EU-Vietnam trade agreement enters into force; wood industry to benefit
EU exports to Vietnam are taxed less as of 1 August. This is the immediate effect of the entry into force of the EU-Vietnam trade agreement that will ultimately scrap duties on 99% of all goods traded between the two sides.     Doing business in Vietnam will also become easier for European companies: they will now be able to invest and pitch for government contracts with equal chances to their local competitors. Under the new agreement, the economic benefits go hand in hand with guarantees of respect for labour rights, environment protection and the Paris Agreement ...

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