AsemconnectVietnam - The Vietnam-Israel Free Trade Agreement (VIFTA) officially came into effect on November 17, 2024, making it one of the "youngest" FTAs in Vietnam's network of FTAs.

After one year of implementation, businesses have begun to take advantage of and exploit the Israeli market.
Israel is currently Vietnam's third largest trading partner in West Asia.
It is estimated that in 2025, trade between the two countries could reach over US$3.75 billion, with Vietnam's exports reaching approximately US$850-880 million, an estimated increase of over 10% compared to 2024.
Vietnam has become an attractive destination for many Israeli investors, businesses, traders, buyers, and tourists. Many Israeli partners have shown interest in the market and are actively coming to Vietnam to seek partners and customers to purchase goods as well as to seek investment opportunities to relocate investment projects to Vietnam.
Israel is currently Vietnam's third largest trading partner, its fourth largest export market, and its second largest import market in West Asia. Meanwhile, Vietnam is one of Israel's largest trading partners in Southeast Asia.
CK
Source: VITIC/vneconomy.vn