VOV.VN - A free trade agreement between Vietnam and the European Free Trade Association (EFTA) is becoming increasingly urgent to unlock growing economic potential between the two sides, according to Nikolai Astrup, chair of the EFTA Parliamentary Committee.

Amid global supply chain restructuring and accelerating energy transition, Vietnam and the Republic of Korea (RoK) are seeing new opportunities to deepen cooperation in industry, energy and strategic minerals, officials said during a recent meeting at the Ministry of Industry and Trade's headquarters.

The 19th round of negotiations for the free trade agreement (FTA) between Vietnam and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Iceland, Liechtenstein, is taking place with highly positive signals, reflecting political determination on both sides to conclude the deal at an early date.

Prime Minister Pham Minh Chinh has issued a new decision assigning lead responsibilities to key ministries to drive the UK – Vietnam Free Trade Agreement (UKVFTA) forward.

In recent years, economic and trade ties between Vietnam and China have been continously strengthened and upgraded, becoming one of the key pillars of China – ASEAN cooperation, according to a Chinese expert.

VOV.VN - The year 2025 has been a landmark period for Vietnam-Russia relations, Russian Ambassador to Vietnam Gennady Bezdetko said during a year-end press briefing in Hanoi on December 29.

After more than a decade of negotiations, the Vietnam–EFTA Free Trade Agreement (VEFTA) is expected to open up significant opportunities for Vietnamese businesses to access some of the world’s highest-income markets.

Five years after the EU-Vietnam Free Trade Agreement (EVFTA) entered into force, both sides have hailed the deal as a success, while also acknowledging the need to tackle remaining barriers and move toward a more balanced trade relationship.

Vietnam’s textile industry has found itself in a tight stitch as the Eurasian Economic Union (EAEU) implements safeguard measures on Vietnamese textiles and garments, effective for six months.

To sustain export momentum and reach the annual target soon, businesses and competent authorities are urged to capitalise on the advantages of free trade agreements, expand markets, accelerate green and digital transformation in production, and enhance resilience against global volatility.