According to the Ministry of Industry and Trade’s statistics, the value of exported merchandises using the EUR.1 Form in 2021 reached approximately $8.1 billion, accounting for roughly one-fifth of the export turnover with the EU. In the first 10 months of 2022, the rate increased to 25.1 per cent, up 30 per cent on-year.

The EVFTA was put in place to bring real benefits for the Vietnamese economy.