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Vietnam’s meat import market under Impacts of the European -Vietnam Free Trade Agreement and quality management demand

Minh Nguyen Doan, Viet Nga Le Thi, Huy Dinh Tran Ngoc

Management

2021

Vol. 25, no. 1

99--117

The impact of Free Trade Agreement (FTA) on commercial business of the member could be assessed by the potential and tangible effects. This paper is adopted by Partial equilibrium theory and SMART tool to measure the impact of EVFTA on the Vietnamese meat import (HS code 02). The result of this model is claimed that EVFTA has a huge impact on boosting the meat import from EU to Vietnam. However, the value of import in this category from European nations in each country and good fluctuated significantly. This study also proposes some measures for domestic businesses and the government to ensure the benefits on Vietnam’s livestock industry. Last but not least, meat quality management is one of vital issues under EFVTA and global competitiveness to meet higher expectation of consumers. Good food (meat) manufacturing practices need to be applied. That is the social contribution value of this paper.