Relationship dossier
Iceland
Vietnam
Relationship assessment
Trade engagement through EFTA negotiations, with limited clarity on wider bilateral cooperation
Iceland toward Vietnam
+15Iceland participates in EFTA’s negotiations with Vietnam on a free-trade agreement, providing a concrete channel for economic engagement. The extent of Iceland’s direct cooperation with Vietnam beyond this process is unclear.
Vietnam toward Iceland
+15Vietnam has engaged in negotiations with EFTA on a free-trade agreement, in which Iceland participates. The extent of Vietnam’s direct cooperation with Iceland beyond this process is unclear.
Overall relationship
+15The relationship includes a concrete institutional channel for economic engagement through EFTA-Vietnam free-trade negotiations. The scope and outcomes of that process, and the extent of other direct bilateral cooperation, are unclear.
How to read these scores
Scores are rough judgments, not objective measurements or current verification. Directional scores describe government policy and conduct, not public opinion. The overall score is an independent estimate, never an average.
- −100
- Extreme sustained hostility
- −50
- Substantially adversarial
- 0
- Mixed or neutral, supported by knowledge
- +50
- Substantially cooperative
- +100
- Exceptionally close sustained partnership
“Not assessed” means there is no recorded score. Pair existence makes no claim about diplomatic recognition or established relations.
Relationship context
Overview
Iceland and Vietnam maintain diplomatic relations and have engaged in trade negotiations through the European Free Trade Association (EFTA). Iceland participates in EFTA’s negotiations with Vietnam on a free-trade agreement, while Vietnam has negotiated with EFTA as a bloc. This reflects concrete economic engagement, although the breadth of direct bilateral cooperation beyond that process is unclear.
Key developments
EFTA and Vietnam began negotiations on a free-trade agreement, with Iceland participating as an EFTA member.
Major uncertainties
- The current status and practical scope of EFTA-Vietnam trade negotiations are unclear.
- The extent of direct bilateral cooperation outside trade negotiations is unclear.