Vietnam Today

On tariffs, European Free Trade Association (EFTA) members have offered immediate liberalisation of more than 90% of tariff lines, representing 99.5% of Vietnam’s exports to the bloc.

The US remains Vietnam’s largest export market, accounting for roughly 28% to 30% of total export turnover. Bilateral trade surged from $450 million in 1995 to $209.5 billion in 2025, an approximate 465-fold increase over three decades.