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Vietnam

Vietnam signed a fairly comprehensive bilateral trade agreement (BTA) with the United States in 2000. It came into force in 2001. The BTA was part of the post-war "trade normalisation" process between the two countries and should be seen as strong precursor to a watertight US FTA. In June 2007, Hanoi and Washington signed a Trade and Investment Framework Agreement, yet another step towards a possible FTA. And in December 2008, the two governments began negotiating a hardcore bilateral investment treaty (BIT), yet another.

In January 2007, Hanoi and Tokyo began talks towards a Japan-Vietnam deal, which was finally signed in December 2008. Shortly after, Vietnam began talks with Chile, with the FTA signed in 2011. Hanoi already signed an FTA with Israel back in 2004 and may join the TPP. It is also intending to negotiate FTAs with EFTA, Russia and Mexico

As a member of ASEAN, Vietnam is caught up in the bloc’s regional FTA dealings with Korea, the EU, China, Japan and India. The Vietnamese government has also signed a number of bilateral intellectual property and science & technology agreements with industrialised countries, as well as more than 30 BITs.

last update: May 2012
Photo: Phó Nháy/Wikimedia


Tehran, Hanoi mulling over preferential trade agreement
Head of Iran’s Trade Promotion Organization Mehdi Zeighami has said that the Islamic Republic of Iran and Vietnam have expressed hope to reach an agreement on preferential trade.
Vietnam, UAE speed up negotiation for comprehensive economic partnership agreement
Officials from Vietnam’s Ministry of Industry and Trade (MoIT) and the UAE Ministry of Economy agreed to speed up the negotiation for a comprehensive economic partnership agreement (CEPA) between the two countries.
Export opportunities to be optimised in 2024: Minister
Vietnam’s Minister of Industry and Trade, Nguyen Hong Dien, pledges to boost trade promotion and exports in 2024, focusing on optimizing free trade agreements, supporting domestic firms, and emphasizing market information and large-scale events.
Vietnam wants to sign foreign trade deal with Türkiye, says prime minister
Vietnam’s prime minister said that they are willing to sign a foreign trade agreement with Türkiye as relations between the two countries are at their peak.
Ministry reports difficulties in next-generation FTA implementation
Foreign invested enterprises make up the majority of Vietnam’s export turnover of high-revenue products. Meanwhile, Vietnamese enterprises still mostly do outsourcing, and export raw materials or half-finished products.
Vietnam promotes negotiations of FTA with MERCOSUR
Vietnam is taking measures to promote the negotiations of a free trade agreement (FTA) with the Southern Common Market (MERCOSUR), which is expected to be a driving force for Vietnam to tap the Latin American market.
Việt Nam, Israel sign free trade agreement
Israel is the first country in West Asia with which Việt Nam has signed a free trade agreement (FTA) and Việt Nam is also the first country in Southeast Asia that Israel has signed an FTA with.
Cambodia, Vietnam sign trade agreement
Cambodia and Vietnam have signed an agreement to promote bilateral trade for 2023-2024, noting that it is an important mechanism that will promote and enhance bilateral cooperation in all sectors.
Vietnam, Israel conclude FTA negotiations
Vietnam and Israel announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year.
Vietnam promotes negotiations of FTA with Mercosur
The Ministry of Industry and Trade (MoIT) is taking measures to promote the negotiations of a FTA with the Southern Common Market (Mercosur - including Brazil, Argentina, Uruguay, and Paraguay), which is expected to be a driving force for Vietnam to tap the Latin American market.