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
Deputy Minister of Industry and Trade Do Thang Hai on August 4 held a virtual meeting with Rodrigo Yanez Benitez, Under-Secretary for International Economic Relations at the Chilean Ministry of Foreign Affairs, to boost economic and trade cooperation between the two countries.
The two sides agreed to continue completing a legal framework for the signing of a memorandum of understanding on trade and agreements on investment protection.
The European Commission, which is responsible for negotiating the EU’s free trade deals, recognises Vietnam’s human rights record as a cause for concern. It stresses, however, that the deal will provide a platform to address such issues.
In coming weeks, the European Parliament is expected to take a binding decision on whether to approve, postpone or reject the EU-Vietnam Free Trade Agreement (FTA) and Investment Protection Agreement (IPA).
The adoption of the law" is expected to pave the way for the ratification of several free trade agreements Vietnam has signed, including one with the European Union.
Les deux parties ont échangé des solutions pour augmenter la valeur d’échanges commerciaux bilatéraux dans les temps à venir dont la diversification des produits à l’export, la possibilité pour élaborer un accord de libre-échange bilatéral.
EU and Vietnam formed a Joint Committee for the implementation of the EU-Vietnam Framework Agreement on Comprehensive Partnership and Cooperation (PCA) and held its first meeting in Hanoi on May 10
The economic and trade cooperation between Vietnam and the EAEU has achieved important results after two years since the signing of the Free Trade Agreement between Vietnam and the Eurasian Economic Union (Vietnam-EAEU FTA), contributing to creating a motivation for the economic development of each country and expanding cooperation in the region.
Most Vietnamese enterprises lack awareness about free trade agreements (FTAs) the country plans to sign with other countries, especially the EU-Việt Nam Free Trade Agreement (EVFTA), according to a survey.
The EU-Vietnam Friendship Parliamentians’ Group and the European Institute for Asian Studies, held a workshop in Brussels to speed up the signing and ratification of the EU-Vietnam Free Trade Agreement (EVFTA).
