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Vietnam, although a relatively young and small nation, has successfully established trade relations with dozens of countries worldwide. This is especially evident in the number of free trade agreements (FTAs) that the country has signed and is participating in. Being part of the Association of Southeast Asian Nations (ASEAN), economic opportunities for Vietnam expands beyond bilateral trade ...
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The EU–Vietnam Free Trade Agreement (EVFTA) is a free trade agreement between the European Union (EU) and the Socialist Republic of Vietnam.The EU-Vietnam Investment Protection Agreement (EVIPA) was also agreed which is a bilateral investment treaty.
A free trade area is basically a preferential trade area with increased depth and scope of tariffs reduction. All free trade areas, customs unions, common markets, economic unions, customs and monetary unions and economic and monetary unions are considered advanced forms of a PTA, but these are not listed below.
U.S.-Vietnam Bilateral Trade Agreement (BTA): Negotiated between 1995 and 2000 by Chief negotiator Nguyen Dinh Luong on Vietnam side and Joe Damond from USTR.The BTA was signed on 14 July 2000 with the presence and formal testimony of Bill Clinton who had just landed from Camp David.
In 2003, Vietnam produced an estimated 30.7 million cubic meters of wood. Production of sawn wood was a more modest 2,950 cubic meters. In 1992, in response to dwindling forests, Vietnam imposed a ban on the export of logs and raw timber. In 1997, the ban was extended to all timber products except wooden artifacts.
Đổi Mới (IPA: [ɗo᷉i mə̌ːi]; transl. "renovation" or "innovation") is the name given to the economic reforms initiated in Vietnam in 1986 with the goal of creating a "socialist-oriented market economy".