AmCham EU co-signs a call for Members of the European Parliament to ratify the EU-Vietnam Agreements

The EU-Vietnam FTA: Opportunities for European and Vietnamese business, consumers and workers growing better together

Following on from the strong support of the International Trade committee on 21 January 2020, the undersigned business associations respectfully request that Members of the European Parliament (MEPs) consider the benefits for both sides and approve the EU-Vietnam Free Trade Agreement. Support from the European Parliament on this deal would lead to increased partnership and dialogue as well as expand cooperation globally and with Vietnam.

News
10 Feb 2020
Trade
AmCham EU co-signs a call for Members of the European Parliament to ratify the EU-Vietnam Agreements

The EU-Vietnam FTA: Opportunities for European and Vietnamese business, consumers and workers growing better together

Following on from the strong support of the International Trade committee on 21 January 2020, the undersigned business associations respectfully request that Members of the European Parliament (MEPs) consider the benefits for both sides and approve the EU-Vietnam Free Trade Agreement. Support from the European Parliament on this deal would lead to increased partnership and dialogue as well as expand cooperation globally and with Vietnam.

We note that the negotiations on the EU-Vietnam FTA concluded in December 2015, and both European and Vietnamese businesses and consumers have been waiting since then for its ratification and entry into force.

The trade agreement, with its liberalisation of tariffs and deepening of business links, represents a great opportunity for European businesses – granting access to a strong emerging market of close to 100 million people. It also opens the door to partnership, dialogue and cooperation with Vietnam creating stronger ties with the South-East-Asian region and will raise standards for consumers and workers alike.

The agreement contains a strong chapter on trade and sustainability, to which the Commission and Vietnam have made a strong commitment to ensure close compliance. Furthermore, the Vietnamese government has made an equally strong commitment to address earlier concerns about workers’ rights and ratify and implement three core ILO conventions. One of these has already been transposed into Vietnamese law, and the Vietnamese government will implement the others shortly, significantly improving the situation of workers in Vietnam.

The EU-Vietnam Business coalition firmly supports the approval of the EU-Vietnam Agreement, and we ask for your vote to ratify this Free Trade Agreement in the upcoming plenary vote.

This press release has been co-signed by the following trade associations:

  • ACEA

  • AmCham EU

  • amfori

  • CEEV

  • Cefic

  • CELCAA

  • CLEPA

  • DIGITALEUROPE

  • EFPIA

  • ESF

  • EUROCHAMBRES

  • EuroCommerce

  • FESI

  • spiritsEUROPE

Related items

Blog
2 Apr 2026

One year on from ‘Liberation Day’, the transatlantic economy still stands strong – but it needs stability

Authored by Malte Lohan, CEO, AmCham EU

Trade
Transatlantic
Trade tensions
Read more
Read more about One year on from ‘Liberation Day’, the transatlantic economy still stands strong – but it needs stability
News
30 Mar 2026

MC14: deep concern over e-commerce moratorium deadlock

The American Chamber of Commerce to the EU (AmCham EU) is deeply concerned by World Trade Organization members’ failure to reach agreement on the moratorium on E-Commerce at the 14th Ministerial Conference (MC14) in Cameroon. The absence of an agreement undermines legal certainty for businesses and consumers worldwide. This deadlock further underscores the need for significant WTO reform.

Since its introduction, the moratorium on customs duties on electronic transmissions has played a vital role in enabling the global digital economy by ensuring the smooth cross-border exchange of digital goods and services. In an increasingly digitalised global economy, predictability remains essential for companies of all sizes operating across borders.

WTO members must now renew efforts to re-instate the moratorium at the next General Council meeting as a matter of priority. Delivering such an outcome would strengthen the multilateral trading system and better reflect the realities of modern trade.

Trade
Customs and trade facilitation
Read more
Read more about MC14: deep concern over e-commerce moratorium deadlock
News
26 Mar 2026

EU-US deal: European Parliament reaches position on tariff reductions

Today the European Parliament adopted its negotiating position on proposals to reduce tariffs on certain imports from the United States, in line with the July 2025 EU-US Framework Agreement. The Parliament’s vote clears the way for trilogues to finalise these proposals.

Reacting to the vote, Malte Lohan, CEO, AmCham EU, welcomed the Parliament’s decision as a necessary step towards a more predictable transatlantic marketplace: ‘The Parliament today has taken a decision that helps put the EU-US trade and investment relationship back on track. It is the right signal for businesses that have been stuck in limbo over the past year.’

‘AmCham EU opposes broad-based tariffs. However, given political priorities on both sides of the Atlantic, we still see the Framework Agreement as the most realistic route to securing a more constructive EU-US trade and investment climate’, Mr Lohan added. ‘We call on the Parliament and Member States to conclude trilogues swiftly. Once the tariff reductions are approved, the EU and the US can get back to advancing the cooperation the Framework Agreement envisages on a range of areas that benefit European and American businesses alike. We look to both sides to continue honouring their commitments throughout this process.’ 

Transatlantic
Trade
Read more
Read more about EU-US deal: European Parliament reaches position on tariff reductions