With the country's opening policy since 1986, Vietnam has made great efforts in promoting foreign trade as a key contributor to GDP growth. Over the last three decades, Vietnam has participated in various Free Trade Agreements, both bilateral and multilateral, with its trade partners around the world. Below is the list of FTAs that Vietnam has concluded by now.

 
Vietnam - Japan Economic Partnership Agreement

The Agreement between Vietnam and Japan for an Economic Partnership (VJEPA) was signed on December 25th, 2008 and came into force on October 1st, 2009. This is the very first bilateral FTA of Vietnam, in which both Vietnam and Japan give the other more preferences than that agreed under the Agreement for Comprehensive Economic Partnership ASEAN – Japan (AJCEP). However, VJEPA does not replace AJCEP. These two FTAs coexist and enterprises can choose to use the more favorable one.

For the full text of the Agreement, please click here.

Vietnam - Chile Free Trade Agreement

The Free Trade Agreement between the Government of Republic of Chile and the Government of the Socialist Republic of Vietnam was signed on November 11th, 2011 and came into effect on January 1st, 2014. This FTA contains only commitments on goods and goods-related matters, there are no commitments on services and investment. Such FTA is the very first FTA between Vietnam and a South American country.

For the full text of the Agreement, please click here.

Vietnam - Korea Free Trade Agreement

The Free Trade Agreement between Vietnam and Korea (VKFTA) was signed on May 5th, 2015 and officially came into effect on December 20th, 2015. Compared to FTA ASEAN – Korea (AKFTA), VKFTA contains more preferences that the Parties give to each other in the field of goods, services and investment. However, VKFTA does not replace AKFTA. These two FTAs coexists and enterprises can choose to use the more favorable one.

For the full text of the Agreement, please click here.

Vietnam - Eurasian Economic Union Free Trade Agreement

The Vietnam - Eurasian Economic Union Free Trade Agreement was signed among Vietnam and other member states of the Eurasian Economic Union including Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan in Kazakhstan on May 29, 2015 and official took effect from October 5, 2016.

For the full content of the Agreement, please click here

Vietnam - European Union Free Trade Agreement

Negotiations for an EU-Vietnam FTA were launched in June 2012. On 1 February 2016, the text of the EU-Vietnam free trade agreement was published, following the announcement of the conclusion of the negotiations.

The legal review of the text has now begun and will be followed by translation into the EU's official languages and Vietnamese. The Agreement will then be ratified by the European Parliament and Vietnam National Assembly. It is expected to take effect since 2018. 

For the full content of the Agreement, please click here

Trans-Pacific Partnership (TPP)

Trans-Pacific Partnership (TPP) is a Free Trade Agreement (FTA) among twelve country members, including United States, Canada, Mexico, Peru, Chile, New Zealand, Australia, Japan, Singapore, Brunei, Malaysia and Vietnam.
TPP is a New Generation FTA with board coverage of trade and non-trade matters and high level of commitments.
On February 4th, 2016, TPP was officially signed. Each Party is following its appropriate domestic procedures to ratify the Agreement. TPP is expected to come into force in 2018.

For the full content of the Agreement, please click here.

ASEAN Agreements

The Association of Southeast Asian Nations (ASEAN) was established in 1967 with the aim of enhancing the multilateral cooperation in the field of economics, politics and socio-culture among its member countries. Vietnam officially participated in ASEAN in 1995. Currently, ASEAN has 10 members, including Singapore, Thailand, Indonesia, Malaysia, Philippines, Brunei, Vietnam, Myanmar, Cambodia and Lao PDR.
ASEAN Community is comprised of three primary pillars, namely the ASEAN Political-Security Community, the ASEAN Economic Community and the ASEAN Socio-Cultural Community. The ASEAN Economic Community (AEC) is set up on December 31st, 2015.
One of the main purposes of AEC is to create a single market and production base in the region. Such purpose has been progressively fulfilled through the Agreement on Free Trade in Goods, Services, Investment in ASEAN and many other Programs, Initiatives, etc.

For the content of ASEAN Agreements, please click here.

ASEAN - India FTA

ASEAN and the Republic of India went into the Framework Agreement on Comprehensive Economic Cooperation on October 8th, 2003. The Parties, on the basis of the Framework Agreement, signed an Agreement on Free Trade in Goods (effective on January 1st, 2010), an Agreement on Free Trade in Services (effective on July 1st, 2015) and an Agreement on Investment (effective on July 1st, 2015) with the aim of establishing an ASEAN – India Free Trade Area.

For the content of those Agreements, please click here

ASEAN - Australia - New Zealand FTA

ASEAN, Australia and New Zealand signed the Agreement Establishing the ASEAN –Australia – New Zealand Free Trade Area on February 2nd, 2009, which came into effect from January 1st, 2010. Such agreement is quite comprehensive, containing detailed commitments on goods, services (also including financial and telecommunications services), investment, electronic commerce, movement of natural persons, intellectual property, competition policy and economic co-operation.

For the full content of the Agreement, please click here

ASEAN - Korea FTA

In 2005, ASEAN and Korea entered into the Framework Agreement on Comprehensive Economic Cooperation. The Parties, on the ground of the Framework Agreement, signed 04 other Agreement, namely Agreement on Trade in Goods (effective from June, 2007), Agreement on Trade in Services (effective from May, 2009), and Agreement on Investment (effective from June, 2009) with the aim of establishing an ASEAN – Korea Free Trade Area.

For the full content of the Agreement, please click here

ASEAN - Japan FTA

ASEAN and Japan signed the Framework Agreement for Comprehensive Economic Partnership (AJCEP) in April 2008. This Framework Agreement took effect on December 1st, 2008. AJCEP includes commitments on trade in goods, services, investment and economic co-operations.

For the full content of the Agreement, please click here

ASEAN - China FTA

ASEAN and China singed the Framework Agreement on Comprehensive Economic Co-operation in November, 2002. The Parties, on the basis of this Framework Agreement, signed the Agreement on Trade in Goods (effective from July, 2005), Agreement on Trade in Services (effective from July, 2005), and Agreement on Investment (effective from February, 2010) with the aim of establishing an ASEAN – China Free Trade Area.

For the full content of the Agreement, please click here.

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