Vantage Point

Explore our latest perspectives on the global economy, geopolitics, and industry dynamics. 

TOPIC: ESG

EU-Vietnam Free Trade Agreement: business impacts and outlook under CBAM

The EU-Vietnam Free Trade Agreement (EVFTA) aims to eliminate 99% of tariffs by 2030, increasing EU's access to Vietnam’s market. However, the EU's Carbon Border Adjustment Mechanism (CBAM) may challenge the EVFTA's effectiveness by increasing export costs.

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CBAM – What is it and what are the implications for global trade?

The EU hopes CBAM will reduce global emissions by incentivizing companies to source from low-emissions suppliers and by encouraging other countries to adopt climate mitigation policies.

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Indonesia 2024 Elections: Impact on Industrial and Climate Policies

The goal to elevate the production of higher value-added goods within Indonesia, while curbing the export of raw materials, will intricately influence company sourcing and production strategies, with effects differing across industries.

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