Hanoi, Oct. 22 -- The free trade agreement between Vietnam and the European Free Trade Association (VEFTA) is expected to expand Vietnamese goods' access to markets with strong purchasing power through tariff cuts and trade facilitation, provided businesses meet rules of origin, quality standards, traceability and sustainability requirements to turn these preferences into export orders. Expanding access to high-purchasing-power markets Vietnam and EFTA, comprising Switzerland, Norway, Iceland and Liechtenstein, officially signed VEFTA on October 18 after more than a decade of negotiations spanning 21 rounds. With around 15 million people and strong purchasing power, EFTA offers great potential for Vietnamese exports. The Ministry of Indus...