[EVFTA Series] Automobiles in EVFTA: How foreign investors can qualify for the preferential tariffs

With a rapidly expanding market fuelled by a fast-growing middle-class, Vietnam has been an attractive destination for major automobile manufacturers from Japan, Korea, US, and the EU for several years. The EU-Vietnam free trade agreement (EVFTA), which came into effect on August 1, 2020 has made the market even more promising for European manufacturers. As a result, high tariffs imposed on EU automobile exports will be eliminated after seven to 10 years to enable full access to the market and increase the competitiveness of EU manufacturers.

Considering this opportunity, we are pleased to spotlight the automobile sector in Vietnam in the last episode of our EVFTA Series: How Foreign Investors Can Qualify for Preferential Tariffs. The webinar, as usual, will be conducted by Do Thanh Huyen, Business Intelligence Assistant Manager, and cover the following key insights:

• An overview of the automobile industry in Vietnam;
• Emerging opportunities and challenges for automotive enterprises with the EVFTA in effect; and,
• How EU investors can qualify for preferential tariffs and fully benefit from EVFTA.

This webinar is FREE of charge.

Please click here to register to attend, by Wednesday, December 16, 2020.

For any further concerns or questions, please contact Trang Nguyen (Jasmine).