From left to right: Aldo De Luca, Deputy Head of Mission at the Embassy of Switzerland in Hanoi, Ögmundur Hrafn Magnússon, Counsellor, Deputy Permanent Representative to EFTA, Permanent Mission of Iceland in Geneva (Iceland), Philippe Lionnet, Secretariat for Economic Affairs SECO (Switzerland), Le Trieu Dung, Director General, Multilaterial Trade Policy Department, Ministry of Industry and Trade (Vietnam), Sveinung Røren, Director Ministry of Trade, Industry and Fisheries (Norway), Patrick Ritter, Minister, Deputy Permanent Representative, Permanent Mission of Liechtenstein in Geneva (Liechtenstein), and Markus Schlagenhof, Deputy Secretary-General (EFTA Secretariat).
EFTA and Viet Nam make significant progress during 20th round of negotiations
From 20 to 24 April 2026, delegations from the EFTA States and Viet Nam met in Hanoi for the 20th round of negotiations on a free trade agreement.
Sveinung Røren, Chief Negotiator and Director of the Ministry of Trade, Industry and Fisheries of Norway, acted as the EFTA spokesperson, while Le Trieu Dung, Chief Negotiator and Director-General at the Multilateral Trade Policy Department, headed the Vietnamese delegation.
The parties held in-depth discussions on trade in goods, intellectual property rights (IPR), trade and sustainable development (TSD), trade in services, investment, rules of origin, legal and horizontal issues, government procurement (GP), sanitary and phytosanitary measures (SPS), and technical barriers to trade (TBT).
The chapters on small and medium-sized enterprises, cooperation and capacity building, and trade facilitation had been concluded during intersessional meetings held ahead of the negotiation round. During the round, the parties concluded on rules of origin, trade in services, investment, TSD, SPS and TBT. Further work is still needed on GP, IPR, legal and horizontal issues, and trade in goods at both technical and political level.
Both sides acknowledged the significant progress made during the round and agreed on the next steps to resolve the remaining issues, with a view to bringing the negotiations to a conclusion in the summer.
Economic relations between the EFTA States and Viet Nam
Bilateral trade between EFTA and Viet Nam amounted to EUR 4.8 billion in 2025. Fish, electrical machinery, pharmaceutical products and mechanical machinery were the EFTA States’ top exports to Viet Nam, while electrical machinery, footwear and apparel, and mechanical machinery were the top imports.
Read more about merchandise trade between EFTA and Viet Nam here.