Vu Huy Hoang

EU announces free trade deal with Vietnam 'in principle'

The EU on Aug. 4 announced a free trade deal ?in principle? with Vietnam aimed at removing nearly all tariffs on goods traded between the two countries.

?We have a deal,? EU Trade commissioner Cecilia Malmstroem announced as her office said it was ?an agreement in principle? in two and a half years of ?intense? negotiations for a free trade agreement.