Vietnam signed the Vietnam-EFTA Free Trade Agreement (VEFTA) with the four EFTA members, Switzerland, Iceland, Norway and Liechtenstein, on 18 October in Hanoi, in the presence of General Secretary and State President Tô Lâm. It is Vietnam's 18th free trade agreement and covers goods trade, services, investment, intellectual property, dispute settlement and sustainable development. Vietnam expects it to diversify its import and export markets, improve business competitiveness and attract high-quality investment and technology from Europe. Annual trade between the two sides is around 2 billion USD; Switzerland has 234 active projects with registered capital above 2.4 billion USD, and Norway has 62 projects with over 0.2 billion USD.
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Original headline: Việt Nam ký hiệp định thương mại tự do với các nước thuộc EFTA
Read the original on VnExpress ↗
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VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/16/2026 | 1,705.91 |
| Change that session | +0.45% |
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