ACADEMY OF POLICY AND DEVELOPEMNT INTERNATION SCHOOL OF ECONOMICS AND FINANCE GRADUATION THESIS Topic: THE IMPACT OF EVFTA IN-NEW GENERATION AGREEMENT ON VIETNAM’S SEAFOOD EXPORT TO THE EU Supervisor: Ph. D Pham Mỹ Hang Phuong Student: Cung Diep Ly Student ID: 5083106513 Class: CLC 8.1 Hanoi, 6/2021 i Luan van ACADEMY OF POLICY AND DEVELOPMENT INTERNATIONAL SCHOOL OF ECONOMICS AND FINANCE GRADUATION THESIS Topic: THE IMPACT OF EVFTA IN-NEW GENERATION AGREEMENT ON VIETNAM’S SEAFOOD EXPORT TO THE EU Supervisor: Ph. D Pham Mỹ Hang Phuong Student: Cung Diep Ly Student ID: 5083106513 Class: CLC 8.1 Hanoi, 6/2021 ii Luan van ACKNOWLEDGEMENT The process of completing a graduation thesis is the most important stage in every student's life. The graduation thesis is the premise to equip us with research skills and valuable knowledge before starting a career.
First of all, we would like to sincerely thank the teachers and teachers from the International Training Institute who dedicatedly taught and equipped me with the necessary knowledge during my time in the lecture hall. I can finish this thesis. I would like to thank Dr. Pham My Hang Phuong has directly enthusiastically helped, oriented the way of thinking and working in science.
Those are very valuable suggestions not only in the process of making this thesis but also a stepping stone for me in the process of studying and setting up a career later. And lastly, thank you to family, friends, class team, who are always willing to share and help in study and life. Hopefully, we will stick together forever. Thank you sincerely! iii Luan van TABLE OF CONTENTS INTRODUCTION.
The significance of the study. Research purpose and tasks. Structure of thesis. OVERVIEW OF EU-VIETNAM TRADE ECONOMIC AND TRADE RELATIONS FROM 1995 TO NOW.
Overview of EU-Vietnam economic and trade relations. Overview of EU’s market. Overview of the cooperation relationship between Vietnam and the EU. Vietnam-EU trade relation from 1995 to now.
The current situation of Vietnam-EU trade relations in recent years. IMPACT OF THE EVFFTA ON SOME GROUP OF VIETNAMESE EXPORTS TO THE EU. Overview of the EVFTA Agreement. EVFTA negotiation process .17 iv Luan van 2.
The main comitments of EVFTA. Commitment to opening the goods market of Vietnam. Assessing the overall impact of EVFTA on Vietnam. Overview of Vietnam's seafood industry.
The concept and classification of aquatic products .Factors affecting the export of seafood products. Status of seafood production. Vietnam's seafood export situation. Structure of export products.
Export markets and forms of exporting seafood. General comments about Vietnam's seafood industry. The impact of EVFTA on Vietnam’s seafood exports to the EU. EVFTA's commitments related to Vietnam's seafood exports to the EU.
Forecasting the prospects and the impact of EVFTA on seafood exports to the EU. Some achievements of Vietnam’ seafood export when EVFTA comes into effect. AIMS AND SOLUTIONS TO IMPROVE EFFICIENCY TAKING ADVANTAGE OF EVFTA. Fisheries industry development goals to 2020, planning with a vision to 2030.
Fishery development goals in 2020. Group of solutions for authorities related to the fisheries industry. Group of solutions for farming, mining, collecting, processing, exporting enterprises and fishermen .82 LIST OF FIGURES Figure 1.1 - The total import and export volumn between Vietnam and EU, period 2015 - first 10 months of 2020 (Unit: million USD) .: Vietnam's aquaculture and fishing output (thousand tons).2: Summary of seafood export value between Vietnam and EU in the period 2015-2019 .3: Proportion of seafood exports from Vietnam to the EU in the period 2015 -2019; Unit: % .4: Structure of Vietnam's seafood export market to the EU by turnover (2015-2019).5: Vietnam's seafood exports to the EU in 2019 - 2020 .69 vi Luan van LIST OF TABLES Table 1.1 - Value of exports and imports by continent and country in the first nine months of 2020 and compared to the same period in 2019.2 - Top EU markets Vietnam exported over 1 billion USD in 2019 .3 - Export structure of some main products of Vietnam to the EU market in the period of 2017-2019.1 - Summary of EU open-door commitments for some important commodity groups of Vietnam.2: Summary of Vietnam’s market access commitments to some important EU commodity groups .4: Tariff reduction roadmap for some key products of Vietnam .5: Vietnam's seafood exports to the EU in November and 11 May 2020 .6: Seafood exports to EU markets in November and 11 May 2020.72 LIST OF BOXES Box 2.1: A number of EVFTA commitments to open service trading and investments from Vietnam to the EU .2: A number of EVFTA commitments to open Vietnam’s public procurement market .28 vii Luan van viii Luan van INTRODUCTION 1. The significance of the study The EVFTA Agreement officially took effect on August 1, 2020, this is Vietnam's unremitting efforts after nearly 10 years from the beginning of negotiations to the official signing.
This is a comprehensive, high-quality agreement that balances the interests of both Vietnam and the EU, and is in line with the provisions of the World Trade Organization (WTO). Besides, with the strong commitment to open the market in the EVFTA Agreement, it will definitely contribute to Vietnam's GDP increase by an average of 2. In terms of exports, the Agreement will promote further expansion of the market for Vietnamese exports. According to a study by the Ministry of Planning and Investment, the EVFTA Agreement will help Vietnam's export turnover to the EU increase by about 20% by 2020; 42.37% in 2030 compared to no Agreement.
Especially with the commitment to eliminate import tax up to nearly 100% of the tariff and the trade value that the two sides have agreed, the opportunity to increase exports for Vietnamese products has advantages, including: to fisheries - is one of the key industries of the country and plays a significant role in the Vietnamese economy. This is also one of the potential products that Vietnam exports to Europe. In the past time, there have been a number of research projects on EVFTA such as: Specializes in EVFTA with Vietnam's trade in the first quarter of 2021 - Textile, Garment and Footwear Industry, the study focuses on assessing the impact of these commodity groups when they are expected to have growth after the EVFTA comes into effect., and actually had a strong impact, recovering Vietnam's exports to the EU market. The EVFTA Agreement was started to be implemented in the 1 Luan van context of complicated developments of the Covid-19 epidemic, especially the EU is an area heavily affected by the disease.
Isolation and blockade measures along with economic impacts have reduced consumer demand for non-essential goods, including imported textiles, leather and footwear products. In such a context, the EVFTA has helped restore the exports of these two industries in the last 5 months of 2020 and the first 3 months of 2021. There are also some works that go into the overview analysis of the trade situation. Vietnam - EU trade, policy information, market information, business information with many reliable data and in-depth assessments for a number of typical export items such as wood and wood industrial products., vegetables and fruits can be mentioned such as the Journal: Vietnam - EU Trade in the first quarter of 2021, or the Business Manual "EVFTA and Vietnam's Fruit and Vegetable Industry" which summarizes and explains in detail and fully the EVFTA commitments.
related to the fruit and vegetable industry, thereby analyzing opportunities and challenges from these commitments and making specific and practical recommendations for enterprises in the Vietnamese fruit and vegetable industry. All of the above studies have assessed the impact and forecasted the impact of the EVFTA on a number of groups of Vietnamese exports, however, there has been no follow-up study to analyze the impact of this Agreement on Vietnam's seafood export. Therefore, the author decided to go into depth and analyze this topic. Research purpose and tasks 2.
Target The project is implemented to research impact and propose solutions to help Vietnam's seafood export industry make effective use of the commitments of the EVFTA. Mission To achieve the above objectives, the topic focuses on solving 3 main tasks: - Clarifying trade relations between Vietnam and EU from 1995 to present. - Analyze the impact of the EVFTA on Vietnam's seafood exports to the EU. - Proposing recommendations and solutions to promote Vietnam's seafood industry in the context of joining EVFTA 3.
Time Actual data of the seafood industry for analysis related to the impact of the EVFTA Agreement will be carried out when the Agreement comes into force 3. Space Impact of the EVFTA Agreement on Vietnam's seafood exports to the EU. The methodology The article applies scientific research methods including: statistical methods, data collection, analysis and synthesis methods, qualitative methods. Data collection method: With statistical method, data collection helps to synthesize economic data of related countries, giving accurate results.
Besides, the data collection method used to collect secondary data from sources such as: books and newspapers; specialized magazines; Proceedings of scientific conferences; reports of research institutions; data on websites of enterprises, ministries, departments, branches, domestic and foreign press agencies. Analytical and synthetic methods: With the method of statistical analysis and synthesis, the positive and negative aspects are presented, thereby drawing conclusions and predictions by analyzing the impact of the EVFTA Agreement on 3 Luan van the seafood industry. From there, the topic concludes and recommends solutions to promote the supply chain in the textile industry in Vietnam. Qualitative research methods: Consult experts, conduct discussions and interviews with subjects in the field of expertise, researchers, managers from the Ministry of Planning and Investment., faculty members from the Academy of Policy and Development.
Structure of thesis The structure consists of 3 chapters: Chapter 1: Overview of Vietnam-EU trade relations from 1995 to present Chapter 2: Impact of the EVFTA on some groups of Vietnamese exports to the EU Chapter 3: Some recommendations and solutions to improve the efficiency of taking advantage of commitments from EVFTA 4 Luan van CHAPTER 1. OVERVIEW OF EU-VIETNAM TRADE ECONOMIC AND TRADE RELATIONS FROM 1995 TO NOW 1. Overview of EU-Vietnam economic and trade relations 1. Overview of EU’s market The European Union (EU) was born in a rather special situation, it was a "ruined" Western Europe after World War II (1954) in which the warring country was the largest country (Germany).
Therefore, the main goal of the founders of the EU was to (i) build peace for the European nations; (ii) eliminate the enmity between the two largest European countries, located next to each other (Germany and France); (iii) tightening relations among member countries; and (iv) prevent conflicts between Europe. Over the past 60 years, the EU has made great achievements in terms of both size and level of integration. In terms of scale, from the original 6 founding countries, up to now, the EU has 28 member countries. The level of economic integration of the bloc has gradually reached perfection in all five forms: free trade area, customs union, common market, monetary union and economic union.
Besides, the EU has also achieved many great achievements in a number of other fields such as: institutional reform and policy making; consolidating the block of foreign policy and security; strengthen the authority Up to now, the EU is still considered the most successful association organization in the world with the development process from economic links to socio-political links in the form of supranational state institutions, in which uphold the independent role of member states. a) Characteristics of the EU's socio-economic development in the current period 5 Luan van In terms of area: Currently, the EU's land area is 4.48 million km2, accounting for 3.38% of the whole world.