Vietnam Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in vietnam, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
Trade Agreements
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Vietnam became the 150th member of the WTO in 2007, and upon its accession promised to fully comply with WTO agreements on Customs Valuation, Technical Barriers to Trade (TBT), and Sanitary and Phytosanitary Measures (SPS). The United States and Vietnam concluded a Bilateral Trade Agreement (BTA) in 2000, which entered into force in 2001.

Vietnam is a member of the Association of Southeast Asian Nations (ASEAN) and subsequently, a member of ASEAN Free Trade Area (AFTA). As part of AFTA, ASEAN members (including Brunei, Philippines, Indonesia, Laos, Myanmar, Malaysia, Singapore, Thailand, and Cambodia) are committed to making this region a competitive trading area. Together with the ASEAN countries, Vietnam has also signed trade pacts with PRC, the Republic of Korea, Australia and New Zealand, India, Chile, and Japan. Vietnam has bilateral free trade agreements with Chile, Cuba, Japan, the Republic of Korea, the United Kingdom, and Israel, as well as regional trade agreements with the European Union and the Russia-led Eurasian Economic Union. Vietnam is currently negotiating a free trade agreement with the EFTA countries (Norway, Iceland, Liechtenstein, and Switzerland).

In addition, Vietnam signed the Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP) with 10 countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, and Singapore. The agreement officially took effect from January 14, 2019, for Vietnam. Since 2022 Vietnam is also a member of the Regional Comprehensive Economic Partnership (RCEP) with Australia, Brunei, Cambodia, the PRC, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, and Thailand.


 

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Global Business Navigator Chatbot Beta

Welcome to the Global Business Navigator, an artificial intelligence (AI) Chatbot from the International Trade Administration (ITA). This tool, currently in beta version testing, is designed to provide general information on the exporting process and the resources available to assist new and experienced U.S. exporters. The Chatbot, developed using Microsoft’s Azure AI services, is trained on ITA’s export-related content and aims to quickly get users the information they need. The Chatbot is intended to make the benefits of exporting more accessible by understanding non-expert language, idiomatic expressions, and foreign languages.

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