Independent report

The impact of the EU-Vietnam Free Trade Agreement on the UK

Research study used to inform the impact assessment for the UK ratification of the EVFTA. It shows the potential impact of this agreement for the UK economy.



2019 academic study analysing the impacts of the European Union-Vietnam Free Trade Agreement (EVFTA). The analysis focuses on the economic impact of EVFTA on the United Kingdom and Vietnam.

Like the UK’s impact assessment, this study uses computable general equilibrium (CGE) modelling to assess the impacts of a trade agreement across business sectors and consumers, and captures the overall net impact on the economy.

It was carried out by Paul Baker and David Vanzetti from International Economics Consulting Ltd. The study was commissioned by the Department for International Trade (DIT) to inform DIT’s impact assessment of the EVFTA agreement.

Published 29 March 2019