BRUSSELS – Two waves of European investment will hit Việt Nam after the European Union – Vietnam Free Trade Agreement is signed, a foreign expert has forecast. The second wave will be medium and long term, he said, adding that European firms would produce items of demand for Việt Nam by improving their manufacturing capacity. He advised Việt Nam to thoroughly check the quality of materials used for the production scheduled for export while heeding quality management and accessing training offered by EU nations. Trade ties between Việt Nam and the EU have been growing in recent years. Two-way trade between the two sides averages 40 billion EUR each year and is expected to hit 100 billion EUR by 2025.

Source: Viet Nam News February 02, 2017 05:11 UTC