Vietnam Switzerland Trade Agreement

Vietnam Signs Historic Free Trade Agreement With Norway, Switzerland, Iceland and Liechtenstein After 14 Years of Talks

Vietnam signed a free trade agreement with Norway, Switzerland, Iceland and Liechtenstein in Hanoi on October 18, 2026, concluding more than 14 years of negotiations. The Vietnam–EFTA agreement aims to reduce import tariffs, expand trade in goods and services, encourage investment and strengthen economic cooperation. Norway says more than 98% of its exports to Vietnam will become tariff-free within seven years after the agreement takes effect. Vietnam is expected to benefit from improved market access for electronics, footwear, textiles and seafood. The deal comes amid global trade uncertainty and efforts to diversify export markets. Its entry into force remains pending.