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Vietnam

HIGHLIGHTS OF EU COOPERATION

The EU’s budget support programme to the energy sector in Vietnam is the biggest in the world, with an indicative allocation of € 266 million for 2014-2020.

KEY ACHIEVEMENTS IN 2019

  • The EU and Vietnam signed a Free Trade Agreement in June 2019.
  • In October 2019, Vietnam became the first country in ASEAN to sign the Framework Participation Agreement with the EU, setting a legal basis to facilitate Vietnam’s participation in EU-led civilian and military crisis management operations