Economics

Europe Notches New Trade Win as Vietnam Pact Clears Final Hurdle

  • European Parliament backs accord after Vietnamese concessions
  • Labor pledges by Hanoi may show path for EU-Mercosur deal
Photographer: Yen Duong/Bloomberg
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The European Parliament approved a free-trade agreement with Vietnam after winning concessions from Hanoi that may show the way for ratification of a bigger commercial deal between Europe and South America.