As part of agreement, Israelis will also be able to enter Vietnam with an e-visa, eliminating the need to first visit the Vietnamese embassy in Tel Aviv.
The agreement is expected to lead to mutual tariff reductions on imported and exported products, alongside the improvement and facilitation of trade in a variety of other areas.
The ratification came after South Korea signed the FTA with Israel in May 2021 and after the countries finalized the deal in 2019 following three-year negotiations.
Israel and the United Arab Emirates finalized details for a massive free trade agreement worth hundreds of millions of dollars that builds on the Mideast allies' 2020 peace accords.
While working to finalize a free trade agreement and forge closer economic ties with Russia, Israel says it has a lot to share, including agricultural technologies.
Paraguay, which experienced massive flooding in the month of December, is the latest Israeli destination for providing expert humanitarian assistance to countries in need.
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