EU, Vietnam deepen trade and critical minerals cooperation

During Vietnamese leader To Lam's visit to Brussels, the EU and Vietnam agreed to deepen cooperation on trade, investment, security, and the green transition, with a focus on critical minerals. This builds on the existing EU-Vietnam free trade agreement and signals a strategic pivot toward supply-chain diversification. The scope of concrete commitments remains unclear, but the move aligns with EU efforts to reduce dependence on China for critical raw materials.

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