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.
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 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.
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 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.
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.
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.
As the threat of a global trade war looms, insiders held that Việt Nam needs to take proactive steps to develop tailored responses that will insulate its production, business, and export activities from the effects of market volatility.
Minister of Industry and Trade Nguyễn Hồng Diên talked to the Vietnam News Agency (VNA) about 2024 - a year the economy faced a mix of challenges, but also saw the country making the most out of Free Trade Agreements...
Việt Nam, as an open economy with multiple Free Trade Agreements (FTAs) in place, is committed to fulfilling its obligations in the automobile import sector.
The country''s trade surpassed the milestone of $700 billion in value to hit $73.5 billion in 2022, a rise of 9.5 per cent against the same period of the previous year, according to the s of the General Statistics Office.