Vietnam's President To Lam (back 5th R) and delegates applaud with Iceland's Foreign Minister Thorgerdur Katrin Gunnarsdottir (L), Liechtenstein Prime Minister Brigitte Haas (2-L), Vietnam's Minister of Industry and Trade Le Manh Hung (C), Switzerland's President Guy Parmelin (2-R), State Secretary at the Norwegian Ministry of Foreign Affairs Astrid Bergmal (R) during the signing ceremony for the Vietnam-EFTA Free Trade Agreement (VEFTA) in Hanoi on October 18, 2026. Vietnam and four European nations that are not EU members signed a free trade agreement in Hanoi on October 18, with the parties seeking to diversify their markets as US tariffs disrupt global commerce. (Photo by Nhac NGUYEN / AFP via Getty Images)