Why?

  • Joined WTO November 2006
  • More transparent investment legislation
  • More government expenditure on infrastructure
  • Improve access to various sectors: telecom, banking & insurance,     distribution
  • US – Vietnam Permanent Normal Trade Relations
  • Joins AFTA (Asian Free Trade Agreement): 2006
  • ASEAN: totally abolished by 2010, (500 ml people)
  • FTA (Free Trade Agreement) negotiate, Japan & Chile & South Korea in
  • 2007 & prepare for FTA with Australia & New Zealand
  • FTA ASEAN & China: expect 2010
  • Relatively little competition within the market of 85 mln people
  • Open market and dynamic economy with booming private sector
  • New government, more reform and new policy

Joined WTO November 2006
More transparent investment legislation
More government expenditure on infrastructure
Improve access to various sectors: telecom, banking & insurance,

distribution

US – Vietnam Permanent Normal Trade Relations
Joins AFTA (Asian Free Trade Agreement): 2006
ASEAN: totally abolished by 2010, (500 ml people)
FTA (Free Trade Agreement) negotiate, Japan & Chile & South Korea in

2007 & prepare for FTA with Australia & New Zealand

FTA ASEAN & China: expect 2010
Relatively little competition within the market of 85 mln people
Open market and dynamic economy with booming private sector
New government, more reform and new policy