Hanoi, Feb. 24 -- After five years of implementation, the EU-Vietnam Free Trade Agreement (EVFTA) has delivered many positive outcomes, according to a report released by the Central Institute for Economic Management (CIEM) on February 24.

Presenting the report titled "Vietnam After Five Years of Implementing the EU-Vietnam Free Trade Agreement (EVFTA): Achievements, Challenges and Policy Reform Directions," Nguyen Anh Duong, Head of the General Research Department at the CIEM, pointed out remarkable results, including a robust growth of Vietnamese exports to the EU, particularly in key sectors such as textiles, footwear, and agro-fishery products which benefit significantly from tariff incentives.

The EVFTA has created a transparent bus...