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Update news vietnam-efta trade
Vietnam and Switzerland are working to bring their newly signed free trade agreement with EFTA into force by early 2027, aiming to expand market access, attract investment and double bilateral trade by 2030.
International media have highlighted Vietnam's new free trade agreement with four European nations as a step towards diversifying export markets, attracting investment and reducing exposure to global trade uncertainties.
A free trade agreement between Vietnam and the four EFTA countries is expected to boost investment, technology transfer and workforce training, creating new opportunities for higher-value industries and sustainable growth.