VOV.VN - El Al Airlines is planning to launch direct flights between Tel Aviv and Hanoi, marking a significant step forward in aviation connectivity and economic cooperation between Vietnam and Israel.

The Vietnam – 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 Israel Le Thai Hoa.

Vietnam-Israel trade, propelled by the current growth momentum, is expected to surpass US$3 billion in 2024, Vietnamese Trade Counsellor in the Middle Eastern nation Le Thai Hoa has said.

The Vietnam - Israel Free Trade Agreement (VIFTA), which was signed last month, has opened up new opportunities for Vietnamese goods to enter an important market in the Middle East.

Leaders of Vietnamese localities are more open to business opportunities, showing greater interest in seeking good technologies and economic development opportunities without being concerned about personal economic benefits or political advancement.

The conclusion of negotiations towards the signing of the Vietnam - Israel Free Trade Agreement (VIFTA) has opened up new and potential opportunities for Vietnam's exports, and now is time for businesses to understand Israeli people’s needs and tastes to promptly enter this new market, according to insiders.