{"id":5862,"date":"2025-12-01T16:54:55","date_gmt":"2025-12-01T09:54:55","guid":{"rendered":"https:\/\/mekonggarment.com\/?p=5862"},"modified":"2025-12-26T14:40:41","modified_gmt":"2025-12-26T07:40:41","slug":"a-big-opportunity-for-vietnams-garment-industry-vietnam-and-efta-push-to-conclude-fta-talks","status":"publish","type":"post","link":"https:\/\/mekonggarment.com\/es\/a-big-opportunity-for-vietnams-garment-industry-vietnam-and-efta-push-to-conclude-fta-talks\/","title":{"rendered":"A Big Opportunity for Vietnam\u2019s Garment Industry: Vietnam and EFTA Push to Conclude FTA Talks"},"content":{"rendered":"<h2 data-start=\"302\" data-end=\"531\">News: Vietnam and EFTA Push to Conclude FTA Talks<\/h2>\n<ul>\n<li data-start=\"302\" data-end=\"531\">The 18th negotiation round of the Free Trade Agreement (FTA) between <strong data-start=\"371\" data-end=\"429\">Vietnam and the European Free Trade Association (EFTA)<\/strong> is being held in <strong data-start=\"447\" data-end=\"481\">Da Nang from November 25 to 28<\/strong>, according to the Ministry of Industry and Trade.<\/li>\n<li data-start=\"533\" data-end=\"876\">At the opening session, <strong data-start=\"557\" data-end=\"619\">Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan<\/strong>, who also serves as Vietnam\u2019s chief negotiator, emphasized that both sides are aiming to <strong data-start=\"709\" data-end=\"749\">finish the negotiation at this round<\/strong>. He noted that Vietnam and EFTA are ready to use \u201cnecessary flexibilities\u201d to reach a balanced, mutually beneficial agreement.<\/li>\n<li data-start=\"878\" data-end=\"1133\">After the first day of talks, <strong data-start=\"908\" data-end=\"921\">Pham Hung<\/strong>, Deputy Chief of the Office of the Steering Committee for International Economic Integration, reported that discussions are moving <strong data-start=\"1053\" data-end=\"1067\">positively<\/strong>, and both sides are working hard to <strong data-start=\"1104\" data-end=\"1132\">close the remaining gaps<\/strong>.<\/li>\n<\/ul>\n<h2>About <strong data-start=\"124\" data-end=\"141\">EFTA Mean?<\/strong><\/h2>\n<p data-start=\"143\" data-end=\"270\">The <strong data-start=\"147\" data-end=\"189\">European Free Trade Association (EFTA)<\/strong> is a regional economic group made up of <strong data-start=\"230\" data-end=\"269\">four high-income European countries<\/strong>:<\/p>\n<ul>\n<li data-start=\"274\" data-end=\"291\"><strong data-start=\"274\" data-end=\"289\">Switzerland<\/strong><\/li>\n<li data-start=\"294\" data-end=\"306\"><strong data-start=\"294\" data-end=\"304\">Norway<\/strong><\/li>\n<li data-start=\"309\" data-end=\"322\"><strong data-start=\"309\" data-end=\"320\">Iceland<\/strong><\/li>\n<li data-start=\"325\" data-end=\"342\"><strong data-start=\"325\" data-end=\"342\">Liechtenstein<\/strong><\/li>\n<\/ul>\n<p data-start=\"344\" data-end=\"557\">EFTA was founded in 1960 as an alternative to the European Union (EU). While EFTA countries are not EU members, they still maintain strong economic ties with Europe and the world through <strong data-start=\"531\" data-end=\"556\">free trade agreements<\/strong>.<\/p>\n<p data-start=\"344\" data-end=\"557\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5869 aligncenter\" src=\"http:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/12\/EFTA_logo.svg.webp\" alt=\"\" width=\"1200\" height=\"756\" srcset=\"https:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/12\/EFTA_logo.svg.webp 1200w, https:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/12\/EFTA_logo.svg-430x271.webp 430w, https:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/12\/EFTA_logo.svg-700x441.webp 700w, https:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/12\/EFTA_logo.svg-150x95.webp 150w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h2 data-start=\"1140\" data-end=\"1194\"><strong data-start=\"1143\" data-end=\"1194\">Why This Matters for Vietnam\u2019s Garment Industry<\/strong><\/h2>\n<p data-start=\"1196\" data-end=\"1467\">Although trade between Vietnam and EFTA (Switzerland, Norway, Iceland, and Liechtenstein) is smaller than trade with other major partners, the two sides are <strong data-start=\"1353\" data-end=\"1377\">highly complementary<\/strong>\u2014especially in the <strong data-start=\"1396\" data-end=\"1426\">textile and garment sector<\/strong>, one of Vietnam\u2019s top export categories.<\/p>\n<h3 data-start=\"1469\" data-end=\"1527\"><strong data-start=\"1473\" data-end=\"1527\">Vietnam\u2019s Garment Strength vs. EFTA\u2019s Market Needs:<\/strong><\/h3>\n<ul>\n<li data-start=\"1530\" data-end=\"1633\">EFTA countries <strong data-start=\"1545\" data-end=\"1594\">do not have large-scale <a href=\"https:\/\/mekonggarment.com\/es\/how-to-find-a-garment-manufacturers-in-vietnam\/\" data-wpil-monitor-id=\"948\">garment manufacturing<\/a><\/strong>, meaning they rely heavily on imports.<\/li>\n<li data-start=\"1636\" data-end=\"1732\"><a href=\"https:\/\/mekonggarment.com\/es\/evfta-friendly-sewing-factory-in-vietnam-your-trusted-partner-for-smooth-duty-free-apparel-exports\/\" data-wpil-monitor-id=\"949\">Vietnam exports<\/a> <strong data-start=\"1652\" data-end=\"1688\">footwear, textiles, and garments<\/strong> to EFTA with strong and stable performance.<\/li>\n<li data-start=\"1735\" data-end=\"1845\">At the end of 2024, total Vietnam\u2013EFTA trade reached <strong data-start=\"1788\" data-end=\"1811\">over US$3.5 billion<\/strong>, showing steady growth each year.<\/li>\n<\/ul>\n<h3 data-start=\"1847\" data-end=\"1902\">For garment factories in Vietnam, this FTA could bring:<\/h3>\n<ul>\n<li data-start=\"1905\" data-end=\"1981\"><strong data-start=\"1905\" data-end=\"1938\">Lower (or zero) import duties<\/strong> for apparel entering wealthy EFTA markets.<\/li>\n<li data-start=\"1984\" data-end=\"2046\"><strong data-start=\"1984\" data-end=\"2012\">Faster customs clearance<\/strong> and more predictable trade rules.<\/li>\n<li data-start=\"2049\" data-end=\"2159\"><strong data-start=\"2049\" data-end=\"2095\">Opportunities to supply high-value markets<\/strong> with strong purchasing power\u2014especially Switzerland and Norway.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4765 aligncenter\" src=\"http:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/11\/Threads-3.webp\" alt=\"\" width=\"1216\" height=\"832\" srcset=\"https:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/11\/Threads-3.webp 1216w, https:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/11\/Threads-3-430x294.webp 430w, https:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/11\/Threads-3-700x479.webp 700w, https:\/\/mekonggarment.com\/wp-content\/uploads\/2025\/11\/Threads-3-150x103.webp 150w\" sizes=\"auto, (max-width: 1216px) 100vw, 1216px\" \/><\/p>\n<h2 data-start=\"3284\" data-end=\"3354\"><strong data-start=\"3287\" data-end=\"3354\">FTA Benefits Expected for Garment Importers &amp; Exporters<\/strong><\/h2>\n<h3 data-start=\"3356\" data-end=\"3424\">Exporters:<\/h3>\n<h4 data-start=\"3426\" data-end=\"3453\"><strong data-start=\"3430\" data-end=\"3453\">Duty-Free Access<\/strong><\/h4>\n<p data-start=\"3454\" data-end=\"3638\">EFTA countries generally impose <strong data-start=\"3486\" data-end=\"3508\">high import duties<\/strong> on apparel. Eliminating or reducing them will make Vietnam more competitive against suppliers from Turkey, Bangladesh, and China.<\/p>\n<h4 data-start=\"3640\" data-end=\"3687\"><strong data-start=\"3644\" data-end=\"3687\">Stronger Rules of Origin Cooperation<\/strong><\/h4>\n<p data-start=\"3688\" data-end=\"3727\"><a href=\"https:\/\/mekonggarment.com\/es\/what-does-moq-mean-minimum-order-quantity-tips-benefits\/\" data-wpil-monitor-id=\"941\">Garment manufacturers may benefit<\/a> from:<\/p>\n<ul>\n<li data-start=\"3730\" data-end=\"3777\">Flexible rules of origin for fabric and trims<\/li>\n<li data-start=\"3780\" data-end=\"3835\">Recognition of Vietnam\u2019s expanding local textile base<\/li>\n<li data-start=\"3838\" data-end=\"3885\">Smoother certification and customs procedures<\/li>\n<\/ul>\n<p data-start=\"3887\" data-end=\"3939\">These changes could <strong data-start=\"3907\" data-end=\"3938\">unlock higher-margin orders<\/strong>.<\/p>\n<h4 data-start=\"3941\" data-end=\"3988\"><strong data-start=\"3945\" data-end=\"3988\">A Stable and Predictable Export Path<\/strong><\/h4>\n<p data-start=\"3989\" data-end=\"4075\">With the global economy still volatile, a signed FTA gives <a href=\"https:\/\/mekonggarment.com\/es\/top-fabrics-for-t-shirts\/\" data-wpil-monitor-id=\"942\">Vietnam\u2019s garment industry<\/a>:<\/p>\n<ul>\n<li data-start=\"4078\" data-end=\"4106\">Long-term market stability<\/li>\n<li data-start=\"4109\" data-end=\"4133\">A safer trade corridor<\/li>\n<li data-start=\"4136\" data-end=\"4173\">New customers in high-value markets<\/li>\n<\/ul>\n<h3>Importers:<\/h3>\n<h4 data-start=\"123\" data-end=\"149\"><strong data-start=\"126\" data-end=\"149\">Lower Landing Costs<\/strong><\/h4>\n<p data-start=\"150\" data-end=\"335\">The FTA will reduce or remove import duties on <a href=\"https:\/\/mekonggarment.com\/es\/guide-to-clothing-trade-shows-to-find-vietnam-garment-factories\/\" data-wpil-monitor-id=\"947\">garments from Vietnam<\/a>, helping importers cut total sourcing costs and stay competitive in Switzerland, Norway, Iceland, and Liechtenstein&#8230;<\/p>\n<h4 data-start=\"342\" data-end=\"372\"><strong data-start=\"345\" data-end=\"372\">Simpler Rules of Origin<\/strong><\/h4>\n<p data-start=\"373\" data-end=\"400\">Importers may benefit from:<\/p>\n<ul>\n<li data-start=\"404\" data-end=\"450\">Easier qualification for duty-free treatment<\/li>\n<li data-start=\"453\" data-end=\"504\">Clearer documentation and smoother customs checks<\/li>\n<li data-start=\"507\" data-end=\"551\">More flexibility in <a href=\"https:\/\/mekonggarment.com\/es\/are-synthetic-fabrics-better-than-natural-fabrics\/\"  data-wpil-monitor-id=\"2328\">fabric and trim sourcing<\/a><\/li>\n<\/ul>\n<p data-start=\"553\" data-end=\"617\">These improvements <a href=\"https:\/\/mekonggarment.com\/es\/how-to-reduce-risk-with-a-150-300-piece-clothing-production-run\/\"  data-wpil-monitor-id=\"2329\">reduce risks<\/a> and simplify the import process.<\/p>\n<h4 data-start=\"624\" data-end=\"663\"><strong data-start=\"627\" data-end=\"663\">Faster &amp; More Predictable Supply<\/strong><\/h4>\n<p data-start=\"664\" data-end=\"724\">With unified trade procedures under the FTA, importers gain:<\/p>\n<ul>\n<li data-start=\"728\" data-end=\"753\">Shorter clearance times<\/li>\n<li data-start=\"756\" data-end=\"790\">More reliable delivery schedules<\/li>\n<li data-start=\"793\" data-end=\"844\">Better inventory planning for retail and e-commerce<\/li>\n<\/ul>\n<p data-start=\"846\" data-end=\"921\">A stable supply chain means fewer delays and stronger business performance.<\/p>\n<h1 data-start=\"106\" data-end=\"122\"><strong data-start=\"108\" data-end=\"122\">Conclusion \/ Final Words<\/strong><\/h1>\n<p data-start=\"124\" data-end=\"544\">The Vietnam EFTA FTA marks a promising step forward for both sides. For <a href=\"https:\/\/mekonggarment.com\/es\/garment-industry-confident-in-the-future-of-vietnam-eu-relations\/\" data-wpil-monitor-id=\"943\">Vietnam\u2019s garment industry<\/a>, it opens the door to high-value markets with lower duties, smoother customs procedures, and more stable long-term demand. For EFTA importers, the agreement delivers lower landing costs, easier rules of origin, and a more reliable supply chain powered by one of the world\u2019s most competitive apparel-producing countries. Once signed, this FTA will create a more efficient, predictable, and mutually beneficial trade environment helping manufacturers and <a href=\"https:\/\/mekonggarment.com\/es\/how-does-the-cm-process-work-from-buyer-to-factory\/\" data-wpil-monitor-id=\"946\">buyers work<\/a> together with greater confidence and stronger growth potential.<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>News: Vietnam and EFTA Push to Conclude FTA Talks The 18th negotiation round of the Free Trade Agreement (FTA) between<\/p>","protected":false},"author":1,"featured_media":5869,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,94],"tags":[92,73,91,85,86],"class_list":["post-5862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion","category-manufacturing-sourcing","tag-evfta","tag-garment-factory","tag-garment-industry","tag-garment-manufacturing","tag-production-management"],"_links":{"self":[{"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/posts\/5862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/comments?post=5862"}],"version-history":[{"count":0,"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/posts\/5862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/media\/5869"}],"wp:attachment":[{"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/media?parent=5862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/categories?post=5862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mekonggarment.com\/es\/wp-json\/wp\/v2\/tags?post=5862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}