Vietnam Pavilion: A New Trade Gateway for European Businesses

The Vietnam Pavilion on Alibaba.com marks a pivotal step in enhancing trade opportunities between Europe and Vietnam, leveraging the framework of the European-Vietnam Free Trade Agreement (EVFTA) signed in 2019. Hosted by the Vietnam Trade Promotion Agency, this initiative offers European enterprises an accessible platform to explore high-quality Vietnamese products, ranging from agricultural goods to pharmaceuticals, at competitive prices.

Thanks to the EVFTA, 90% of tariffs on Vietnamese exports to Europe have been significantly reduced or eliminated, offering a notable cost advantage for European businesses. Products showcased in the pavilion are meticulously vetted by the Vietnam Trade Promotion Agency and Alibaba.com, ensuring their quality and international certification.

Additionally, the Vietnam Pavilion facilitates trade connections with Southeast Asian enterprises, benefitting from Vietnam's strategic location within the ASEAN region, which supports robust regional networks and market access. Such initiatives potentially enhance the supply chain flexibility and market reach of European enterprises.