Israel

The substantive tariff preferences under VIFTA have quickly encouraged businesses from both countries to expand transactions, which have been translated directly into tangible trade growth.

Vietnam attended Agro-Mashov Exhibition 2025, which took place on December 8-9 in Ofakim, southern Israel, to explore cooperation opportunities, learn about new technologies, and promote trade relations in agriculture between the two countries.

Le Thai Hoa, Vietnamese Trade Counsellor in Israel suggested the two countries' enterprises enhance market surveys, participate in trade fairs, strengthen direct links and meet Israel’s updated technical standards aligned with EU and US regulations.

Under the pilot plan, Arkia will initially operate one weekly flight from January to June 2026.

The conflicts have caused serious disruptions to Israel’s external supply chains, leading to greater demand for a wide range of imported goods. As a result, Israeli enterprises are intensifying efforts to diversify sources of supply, including from Vietnam, to meet domestic consumption needs.

The airline’s flights to Europe are currently operating normally, the representative added.

Ambassador Ly Duc Trung has expressed his hope that Israeli businesses will not only see Vietnam as a market for selling technological products and services to but also recognise its potential for cooperation for mutual development.

Vitad and Ginosar will establish a dedicated laboratory in Vietnam by the end of this year. Ginosar will leverage its infrastructure, genetic resources, and core technology to transfer lab capabilities to Vitad. This move will enable the company to develop superior crop varieties for large-scale cultivation, building extensive raw material zones to expand exports and create substantial economic value for Vietnamese farmers and businesses.

A number of Israeli importers have participated in exhibitions in Vietnam to seek contracts with local suppliers, according to the Federation of Israeli Chambers of Commerce (FICC).

With the recently-signed bilateral free trade agreement (FTA), Vietnam begins to be a big player on Israel’s investment map, Israeli Minister of Economy and Industry Nir Barkat affirmed on August 16.

There remains ample space for Vietnam and Israel to enhance their economic and trade cooperation, towards building a business ecosystem for their business communities in the time ahead, heard a forum in Ho Chi Minh City on August 15.

The Vietnam-Israel Free Trade Agreement, which was signed on July 26 after seven years of negotiations, would create a conducive atmosphere for the export of Vietnamese products to Israel, according to many experts.

Leaders of Vietnam's budget carrier Vietjet Air and EL AL Israel Airlines had a working session in Israel on July 5 to discuss opportunities and prospects for cooperation in the near future.

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.

Vietnam will continue to work closely with Israel to early sign and enforce the two countries’ Free Trade Agreement (FTA), bringing practical benefits to businesses and people of both sides, Minister of Industry and Trade Nguyen Hong Dien stressed at a meeting with Israeli Ambassador to Vietnam Yaron Mayer in Hanoi on May 19.

Vietnam and Israel on April 2 announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year.

A Vietnamese business delegation made a trip to Israel on November 3-4 during which they attended a Vietnam-Israel conference on production and trade cooperation in Tel Aviv.

A delegation of the Ministry of Planning and Investment paid a visit to Israel from September 4 to 9 to learn experience in developing the collective economy and cooperatives there.

Vietnam and Israel have made progress during the eleventh round of negotiations on a free trade agreement (FTA) between the two countries.

Vietnam’s CT Group officially opened its representative office in Tel Aviv, Israel on June 19 in an effort to boost cooperation with the innovation and hi-tech market of the host.