Economic relations between Vietnam and the European Union by the European Union - Vietnam Free Trade Agreement

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Bibliographic Details
Main Author: Hoang Dinh Phu
Other Authors: Majoros Dr. Pál
Vo Mau Thuong
Format: Thesis
Kulcsszavak:economic development
EU nemzetközi kapcsolatai
European Union
európai gazdaság
international economic relations
nemzetközi gazdasági kapcsolatok
Vietnam
Online Access:http://dolgozattar.uni-bge.hu/44077
Description
Abstract:Through the EU-Vietnam Free Trade Agreement, Vietnam demonstrated its ambition to become a modern, open, and competitive economy (EVFTA). The benefits of globalization are constantly debated, and numerous issues have been raised. However, in the case of Vietnam, these advantages have been visible in the country's sustained high rates of economic development and substantial decreases in poverty rates. As Vietnam moves on with the ratification and implementation of the EVFTA, it will be critical to illustrate the economic advantages and income distribution impacts of participating in these FTAs. The willingness to execute new generation FTAs is critical to ensuring that Vietnam reaps the full economic advantages of trade and investment.