Boosting links and cooperation between Vietnamese and EU businesses will play an important role in the implementation of the EU-Vietnam Free Trade Agreement (EUVFTA). Taking advantage of European raw materials and technology to produce better quality goods and more deeply participate in global supply chains is among the major expectations for Vietnamese businesses when the EUVFTA enters into a new implementation phase. In particular, the State must complete the legal system to suit investors from the EU. A willingness to cooperate is also required, to improve the investment environment, human resources quality, digital transformation, and innovation, in order to welcome projects with high technology, source technology, and advanced technology from developed countries.