Hanoi (VNA) – Vietnam and the European Union (EU) have agreed to establish a special task force to address barriers and foster more balanced and effective trade. At the session, the two sides reviewed the implementation of the EU–Vietnam Free Trade Agreement (EVFTA) and discussed measures to fully tap its potential. According to the Department of Customs, two-way trade between Vietnam and the EU reached 68.4 billion USD in 2024, up 16.8% year-on-year, accounting for 8.7% of Vietnam’s total trade. Of the figure, Vietnam’s exports to the EU hit 51.72 billion USD, up 18.5%, while imports stood at 16.73 billion USD, up nearly 12%. In the first eight months of 2025, bilateral trade rose 7.7% year-on-year to 48.4 billion USD, with Vietnam exports at 36.9 billion USD (up 8.4%) and imports at 11.3 billion USD (up 5.4%)./.