EU and Vietnam trade deal | Business| Economy and finance news from a German perspective | DW | 26.06.2019
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Business

EU and Vietnam trade deal

Clothes, shoes and smartphones may soon get cheaper in the EU because of the deal with Vietnam, while almost all tariffs will disappear. The free trade deal shows what an economic transition Vietnam has made. Politically, however, the communist party is holding on to its power and is not ready for reforms.

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