Author(s): Le Van Dung, Tran Vang-Phu
Agriculture is critical for job creation and food security, and agricultural products account for a sizable portion of Vietnam's exports. However, with the trend toward lower tariffs and increased non-tariff barriers (sanitary and phytosanitary, technical barriers to trade, etc. ), Vietnam's agricultural products are currently confronted with a slew of significant challenges. After China, the European Union is Vietnam's second largest trading partner and a major export market for agricultural products. While the EU is a market with stringent quality standards, goods sold to this market are frequently more expensive than goods sold to other markets. Under the assumption that the Vietnam-EU Free Trade Agreement enters into force on August 1, 2020, an examination of the European Union's agricultural product regulations in order to re-evaluate Vietnam's responsiveness is a necessary issue in both theory and practice. The purpose of this paper is to analyze the European Union's SPS measure on agricultural imports and to weigh the benefits and drawbacks of Vietnamese agricultural products in the EU market.