FTAs to which Vietnam is a signatory, as of July 2023
The Vietnam - Israel Free Trade Agreement (VIFTA) was signed on July 25 and is the latest free trade agreement (FTA) Vietnam is a party to. Joining more FTAs will create significant opportunities for the country to deeply participate in global value chains, increase exports, boost GDP growth, and improve its institutions.
During the 23 years of its APEC membership, Vietnam has made active and proactive contributions to the forum, thereby helping to promote regional peace, stability, cooperation, and economic connectivity and maintain APEC’s role as a leading mechanism for economic connectivity in Asia-Pacific.
The two new generation free trade agreements, namely the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the European Union–Vietnam Free Trade Agreement, continued to be the momentum for the increase of Vietnam's seafood exports in the first two months of 2022.