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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


Vietnam to lose $77 million of tax revenue each year due to free trade pacts
The government has estimated that it will lose around US$77 million of tax revenue annually between 2016 and 2025, when new free trade agreements take effect and eliminate a majority of import duties.
Chicken war with US shows free trade threat to Vietnamese farmers
Hanoi chicken farmer Nguyen Huu Tuyen blames inexpensive poultry imported from the US for the loss of almost $14,000 this year.
In hurrying trade deal with Vietnam, the EU is bypassing its human rights obligations
FIDH and the Vietnam Committee on Human Rights said that if finalised without conducting a human-rights impact assessment and without introducing the necessary human rights safeguards, the EU-Vietnam Free trade and investment agreement would be concluded in violation of EU law.
L’Afrique du Sud souhaite renforcer son commerce avec le Vietnam
Durant son séjour en Afrique du Sud, le vice-Premier ministre vietnamien Hoàng Trung Haile et le vice-président sud-africain Cyril Ramaphosa ont discuté du renforcement de leur coopération dans l’économie, le commerce et l’investissement
Vietnamese firms unenthusiastic about FTA with South Korea
While the government hopes the free trade agreement with South Korea will bring benefits to Vietnam, businesses fear it will bring them more losses than gains.
VN-South Korea FTA: A chance to develop firms
The Viet Nam - South Korea Free Trade Agreement (FTA) signed on May 5 is expected to bring positive effects to many of the countries’ economic fields.
Vietnamese exporters need to plan for FTA lawsuit liability
New free trade agreements (FTA) will help Vietnamese companies improve access to markets and diminish costs, but they will also require strategies and policies to minimise the probability of trade lawsuits, speakers said at a seminar on global trade late last week in HCM City.
Laos, Vietnam expand free trade agreement
Laos and Vietnam signed an improved free trade agreement (FTA) on March 3, 2015, to replace their existing treaty dating back to 1998.
Vietnam completes negotiations for 3 of 6 major free trade pacts
Vietnam says it has completed negotiations for FTAs with the Customs Union, the EU and South Korea, while remaining are the TPP, RCEP and EFTA.
Vietnam prepares for flood of imports
Vietnam will be flooded with foreign goods as a result of the Trans Pacific Partnership and Vietnamese companies may not be able to take advantage of the agreement, a local expert says.