Viet Nam–EFTA deal opens access to advanced European manufacturing technologies

Viet Nam–EFTA deal opens access to advanced European manufacturing technologies

The Viet Nam–European Free Trade Association (EFTA) Free Trade Agreement (VEFTA), signed on October 18, is expected to offer Vietnamese mechanical engineering and electronics businesses an opportunity to move beyond low-value assembly and integrate more deeply into global high-tech supply chains, while gaining access to advanced European manufacturing technologies.

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