Vietnam-EU Free Trade Agreement: Impact and Policy Implications for Vietnam

Nguyen, Binh Duong (June 2016). Vietnam-EU Free Trade Agreement: Impact and Policy Implications for Vietnam (SECO Working Paper Series 7/2016). Bern: SECO, World Trade Institute

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On 4 August 2015, after three years and several rounds of negotiation, the European Union –Vietnam Free Trade Agreement officially established principles for the basic content of the
Agreement. This study aims to analyse impact of Vietnam-EU FTA on bilateral trade of Vietnam. By using a gravity model and a panel data analysis, we show that the reduction of tariffs in the framework of the FTA will have a positive impact on bilateral trade between Vietnam and the EU. In addition, Vietnam-EU FTA will offer many new opportunities but it also challenges for Vietnam. Based on these analyses, this paper proposes some recommendations for Vietnam to benefit more the Vietnam-EU FTA.

Item Type:

Working Paper

Division/Institute:

02 Faculty of Law > Department of Economic Law > World Trade Institute
10 Strategic Research Centers > World Trade Institute

Subjects:

300 Social sciences, sociology & anthropology > 340 Law
300 Social sciences, sociology & anthropology > 380 Commerce, communications & transportation

Series:

SECO Working Paper Series

Publisher:

SECO, World Trade Institute

Funders:

[UNSPECIFIED] Swiss State Secretariat for Economic Affairs

Projects:

[UNSPECIFIED] SECO/WTI Academic Cooperation Project

Language:

English

Submitter:

Pablo Rahul Das

Date Deposited:

23 Mar 2017 17:06

Last Modified:

15 Jan 2021 21:10

Additional Information:

SECO/WTI Academic Cooperation Project, based at the World Trade Institute of the University of Bern, Switzerland.

JEL Classification:

F14, F15, F21, O11, O19, O53

BORIS DOI:

10.7892/boris.97935

URI:

https://boris.unibe.ch/id/eprint/97935

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