Impact of EVFTA on Trade Flows of Fruits between Vietnam and the EU

• 발행기관: 한국유통과학회
• 저자명: Duc Trong TRAN Van Thu BUI Ngoc Minh VU Tung Son PHAM Hue Minh TRUONG Thuy Thu DANG Tu Van TRINH
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 8 No.5, 607~616쪽, 전체 10쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2021.05.30

영문 초록

The European Union Vietnam Free Trade Agreement (EVFTA) took effect on August 1 paving the way for increased trade between the EU and Vietnam; this marked a huge turning point for the Vietnamese economy. Agriculture products, especially fruits, must be listed when it comes to Vietnam export industries that profit the most from EVFTA. After a period of study, with the desire to contribute to the improvement in the efficiency of Vietnam’s agricultural products to the EU, the researchers want to assess the impact of the EVFTA on the flows of Vietnamese fruits to the EU market. The study uses a quantitative analysis method via the WITS-SMART model with data on export turnover and tariff reductions in parallel with the analysis of changes in factors affecting the trade flows of fruits between the two markets when the EVFTA takes effect. As a result, Vietnam’s fruit importing from the EU is expected to escalate by 29.18% in 2021, while the flow of export will only inch up by 0.955%, which is rather low compare to the increase in import value. Hence, effective policies must be introduced in Vietnam to innovate production methods and increase product quality, so that the EVFTA can be used to boost Vietnam’s fruit exports to the EU.

목차

1. Introduction

2. Literature Review

3. The Effects of the EU-Vietnam Free Trade

4. Research MethodologyAgreements on the Trade Flows of Fruits

5. Results and Discussion

6. Conclusion

키워드

EVFTA Trade Flows SMART Vietnam Fruits