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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


US, Vietnam: Trade ties and a China buffer
The United States and Vietnam signed a trade and investment framework agreement (TIFA) June 21 ahead of a June 22 meeting between Vietnamese President Nguyen Minh Triet and U.S. President George W Bush. By warming up its trade relationship with Vietnam, the United States is facilitating an alternative for US investors and businesses that want to set up production operations outside China.
Vietnam, US forge precursor to free trade deal
Vietnam and the US have concluded negotiations for a pact that could set the stage for a free trade agreement, a source told Thanh Nien Wednesday.
Vietnam, Chile begin free trade talks
Vietnam and Chile have launched negotiations on a free trade agreement, the Chilean Ambassador to Vietnam said Thursday, forecasting a deal may be reached soon.
US eyes Vietnam trade accord
The Bush administration yesterday announced the beginning of trade talks with Vietnam that could lead to a free-trade agreement with the former US enemy.
US eyes closer trade, investment ties with Vietnam
The US hopes to open negotiations with Vietnam on a Trade and Investment Framework Arrangement (TIFA), an important step towards establishing a free trade agreement (FTA) with Vietnam, a USTR official said Friday.
Banking legislation up to international standards
Banking legislation has been on par with international standards. That was the message from a conference on the effects of the Vietnam-US Bilateral Trade Agreement (BTA) on Vietnam’s economic development from 2001-05.
Changes sought in Vietnam trade pact
As the US textile industry’s Washington-based lobbyists continue with their efforts to get modifications in the US-Vietnam bilateral trade agreement, the National Council of Textile Organizations issued a statement saying Vietnam’s textile and apparel imports to the United States are growing faster than those of any other country.
Could US firms be left in the cold?
US enterprises are chafing at the bit to get into Vietnam, yet many business heads are concerned that if Congress does not establish permanent normal trade relations (PNTR) with their former foe, then firms from other countries will have a trade advantage.
Vietnamese, Japanese governments sign scientific co-operation agreement
The agreement signed between the two governments will facilitate exchanges of information and scientists and technicians providing training to improve professional skills and the protection of intellectual property rights.
White House upbeat on Vietnam trade pact
The Bush administration expressed optimism Monday that a recently completed trade agreement with Vietnam can be signed by early June and supporting legislation can win congressional approval this summer.