Prime Minister Nguyen Xuan Phuc welcomes delegates to the conference on the action plan to implement the free trade agreement between Vietnam and the EU.

(Photo: VGP/Quang Hieu)

Addressing the opening ceremony, Prime Minister said the EVFTA is expected to contribute 3.25% to Vietnam’s economic growth in the first 5 years, additional 5% in the next 5 years, and 7% more for the 5 subsequent years.

A government action plan to implement the trade deal has been promulgated, focusing on 5 major tasks. They are communications and information dissemination, law and institution building, measures to improve competitiveness and develop human resources, the policies for trade unions and workers' organizations at enterprises, and policies on welfare, environmental protection and sustainable development.