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free trade agreements (FTAs)

High standards key for businesses to unlock VEFTA benefits

High standards key for businesses to unlock VEFTA benefits

The EFTA bloc, comprising Switzerland, Norway, Iceland, and Liechtenstein, has a relatively small population but a combined GDP of about €1.3 trillion (US$1.5 trillion), high living standards, and strong demand for high-quality products.
Official describes VIFTA as new driving force for Việt Nam – Israel trade

Official describes VIFTA as new driving force for Việt Nam – Israel trade

The Việt Nam – Israel Free Trade Agreement (VIFTA), which officially took effect in November 2024, has given a significant boost to bilateral trade, with the turnover estimated at over US$3.7 billion in 2025, according to Vietnamese Trade Counsellor in...
Việt Nam needs to promote international cooperation to speed up energy transition: experts

Việt Nam needs to promote international cooperation to speed up energy transition: experts

Việt Nam needs to step up international cooperation to accelerate its energy transition as the country faces rising electricity demand, experts said at a conference held by the Institute for Brand and Competitive Strategy on Tuesday in Hà Nội.
CPTPP certificates of origin see strong utilisation after six years

CPTPP certificates of origin see strong utilisation after six years

The export turnover of goods to CPTPP markets issued with C/Os rose from about US$0.7 billion in 2019 to approximately $5 billion last year.
Integration a central pillar for new direction

Integration a central pillar for new direction

From an underdeveloped economy, Việt Nam has grown into one of the world’s 32 largest economies with its economic scale expanding nearly 100 folds since 1986 and per-capita income from below $100 to nearly $5,000.
Việt Nam, EFTA launch 18th round of FTA talks in Đà Nẵng

Việt Nam, EFTA launch 18th round of FTA talks in Đà Nẵng

Việt Nam and the European Free Trade Association have launched the 18th round of free trade talks in Đà Nẵng, aiming to reach a basic agreement, the Ministry of Industry and Trade said.
Việt Nam sees ample room to expand trade, investment in ASEAN

Việt Nam sees ample room to expand trade, investment in ASEAN

ASEAN’s rapidly growing consumer market continues to present major opportunities for Vietnamese enterprises, though firms are increasingly required to meet higher technical and origin standards.
Việt Nam, Brazil promote launch of Việt Nam - MERCOSUR FTA negotiations

Việt Nam, Brazil promote launch of Việt Nam - MERCOSUR FTA negotiations

Vieira announced that he will bring up the proposal for FTA negotiations at the next MERCOSUR meeting in early September.
Decade-long partnership: Vietnam, EAEU eye deeper cooperation

Decade-long partnership: Vietnam, EAEU eye deeper cooperation

Since their FTA came into effect, trade between Việt Nam and the EAEU doubled to reach US$5.6 billion in 2024.
Malaysia, RoK resume FTA talks

Malaysia, RoK resume FTA talks

The latest round of talks will take place in Kuala Lumpur from February 17 to 20, with discussions covering 11 key sectors, including goods, services, investment and economic cooperation.
Local fertiliser industry to benefit from EVFTA

Local fertiliser industry to benefit from EVFTA

Free trade agreements (FTA), including the latest one signed between Viet Nam and the EU, will benefit the domestic fertiliser sector, with more diverse import and export markets, experts said.
New-generation FTAs to bring opportunities but also risks and challenges, says Minister

New-generation FTAs to bring opportunities but also risks and challenges, says Minister

Joining new-generation free trade agreements (FTAs) ​​will help Viet Nam diversify its economic and trade relations, especially expanding import and export markets, avoiding excessive dependence on a specific region and helping the economy cope better with external fluctuations.
Free trade agreements increase tax collection

Free trade agreements increase tax collection

According to Vietnam Customs, total tax collection of the sector has so far reached VND335.6 trillion (US$14.5 billion), an 11.6 per cent year-on-year increase and exceeding the target of the finance ministry.
State revenue unlikely to fall despite numerous FTAs

State revenue unlikely to fall despite numerous FTAs

Reduced revenue from removing taxes on imported goods - in accordance with various free trade agreements (FTA) that Viet Nam has signed - is unlikely to affect state revenue.
Prompt action needed to take advantage of FTAs

Prompt action needed to take advantage of FTAs

Opportunities provided by free trade agreements (FTAs) will only exist on paper if local authorities and enterprises do not take prompt and concrete actions to take advantage.