✅ 1. Export Growth
Vietnam enjoys tariff exemptions or reductions when exporting goods to major markets such as the EU, Japan, South Korea, and CPTPP countries.
→ This helps Vietnamese products become cheaper and more competitive in partner countries.

✅ 2. Market Expansion
FTAs enable Vietnamese businesses to access larger and more potential markets.
→ Agreements like the EVFTA, CPTPP, and UKVFTA open doors to dozens of countries.

✅ 3. Attraction of Foreign Direct Investment (FDI)
Foreign investors see Vietnam as a gateway to other markets due to its many FTAs.
→ As a result, they invest in building factories and supply chains in Vietnam.

✅ 4. Institutional Reform and Competitiveness Improvement
FTAs push Vietnam to reform its institutions, increase policy transparency, and improve product quality.
→ Businesses learn to manage and produce according to international standards.

✅ 5. Benefits for Consumers
Consumers gain access to cheaper and more diverse imported goods.
→ This increases choices and improves the overall quality of life.

✅ 6. Comprehensive Economic Growth
Growth in exports, investment, and consumption leads to job creation, higher incomes, and national economic development.