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# How Taiwan Can Ride Vietnam's EVFTA Advantage Into Europe
- URL: https://en.thevietmedia.net/taiwan-evfta-opportunity/
- Published: 2026-06-16T16:41:44.000Z
- Updated: 2026-07-10T15:56:34.000Z
- Description: Under the EVFTA, Vietnam became the EU's largest ASEAN trading partner. Taiwan can use Vietnam as a gateway to Europe.
- Author: The Viet Media
- Tags: Economy, International Trade, EVFTA, Taiwan-Vietnam Relations

\[How Taiwan Can Ride Vietnam's EVFTA Advantage Into Europe\]

In just five years, Vietnam became the EU's largest trading partner in Southeast Asia. How can Taiwanese companies benefit?

The EU-Vietnam Free Trade Agreement (EVFTA) gave Vietnam duty-free access to the European market. In 2024, Vietnam's trade surplus with the EU reached USD 34.3 billion, up 19.4% from 2023\. Among ASEAN nations, only Vietnam and Singapore have signed FTAs with the EU — others lag far behind.

Vietnam is currently the EU's 17th-largest trading partner, accounting for less than 2% of trade. But as the EU seeks to reduce dependence on Russia, China, and the U.S., the relationship has room to grow.

▍ Vietnam to the EU

Garments, footwear, electronics, and agricultural products are all surging. Taiwanese components and machinery enter Vietnam for processing and then ship to Europe duty-free — sidestepping U.S.-China trade barriers in the process.

▍ EU to Vietnam

European goods flowing into Vietnam create opportunities for Taiwan as well. EU high-end machinery and green energy equipment arrive in Vietnam, and Taiwanese firms can serve as a bridge — converting European technology into Vietnamese production capacity.

Challenges remain. EU regulatory standards are demanding, and Taiwanese companies must prepare accordingly. But EVFTA is not just Vietnam's opportunity — it is Taiwan's shortcut to Europe. The sooner the move, the better.