Under the EU-Vietnam Free Trade Agreement (EVFTA) and the UK-Vietnam Free Trade Agreement, the EU nations and Vietnam remove most import duties on various goods.
Since Vietnamese Resolution No. 23/NQ/TW, Vietnam aims to become ASEAN's top three industrialized economies by focusing on three pillars of their leading industries; the industrial sector, processing industries, and the manufacturing industry.
Vietnam continues to face healthcare expenditure challenge, according to Solidiance’s white paper, “The ~USD 320 billion healthcare challenge in ASEAN.
Vietnam is currently pursuing an ambitious plan to become a global agricultural powerhouse by 2030.
Vietnam’s passenger vehicles market is forecast to continue its upward growth trend, with sales reaching ~225,000 units by 2020.