# The European Union Deforestation Regulation And Implications For Vietnam | Legal 500

> A Legal 500 article dated October 31, 2023 explains that the EUDR entered into force on June 29, 2023, with an 18-month transition to December 30, 2024. It details the conditions for placing covered goods on the EU market, including deforestation-free status and compliance with producing-country law.

- Date: 2023-10-31 · published 2023-10-31T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/33666-the-european-union-deforestation-regulation-and-implications-for-vietnam-legal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Vietnamese exporters of cocoa, coffee, rubber, soy and derived products face new due-diligence costs, which could affect export volumes and regional commodity pricing.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-10-02 | [Implications of the European Union Deforestation Regulation - EveryCRSReport.com](https://feedsoft.ai/events/27897-implications-of-the-european-union-deforestation-regulation-everycrsreport-com.md) | -3.9% | -8.7% |
| SOY | 2024-01-08 | [The European Union and United Kingdom's deforestation-free supply chains regulations: implications for Brazil \| SEI](https://feedsoft.ai/events/32136-the-european-union-and-united-kingdom-s-deforestation-free-supply-chains.md) | -3.5% | -4.3% |
| SOY | 2019-09-03 | [European Union Exempts Leather from Anti-Deforestation Regulations](https://feedsoft.ai/events/57127-european-union-exempts-leather-from-anti-deforestation-regulations.md) | -1.4% | +5.7% |
| SOY | 2024-07-31 | [The impact of European Union deforestation regulation: Four lessons from Peru's journey](https://feedsoft.ai/events/29292-the-impact-of-european-union-deforestation-regulation-four-lessons-from-peru-s.md) | +0.1% | -5.8% |
| SOY | 2023-11-14 | [European Union Deforestation Regulation Compliance](https://feedsoft.ai/events/33217-european-union-deforestation-regulation-compliance.md) | -0.1% | -3.2% |
| SBM | 2024-10-02 | [Implications of the European Union Deforestation Regulation - EveryCRSReport.com](https://feedsoft.ai/events/27897-implications-of-the-european-union-deforestation-regulation-everycrsreport-com.md) | -7.0% | -13.6% |
| SBM | 2019-09-03 | [European Union Exempts Leather from Anti-Deforestation Regulations](https://feedsoft.ai/events/57127-european-union-exempts-leather-from-anti-deforestation-regulations.md) | -0.3% | +2.3% |
| SBM | 2024-07-31 | [The impact of European Union deforestation regulation: Four lessons from Peru's journey](https://feedsoft.ai/events/29292-the-impact-of-european-union-deforestation-regulation-four-lessons-from-peru-s.md) | -1.0% | -8.2% |

## Sources

- legal500.com: https://www.legal500.com/intelligence/vietnam/environment/the-european-union-deforestation-regulation-and-implications-for-vietnam

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.