WTO accession

WTO accession

Aware of the role and significance of the WTO towards global economic development in general and economic growth of each country in particular, Vietnam has made efforts to join the WTO at an early date, considering this an important step in Vietnam’s international economic integration process. With the conclusion of multilateral negotiations for WTO accession and all bilateral negotiations including one with the US – the last partner, Vietnam is ready to officially become the 150th member of the organization. The Vietnamese Government has actively been reforming its legal system and restructuring the national economy to be compatible with international norms and practices as well as the fundamental principles of the WTO so as to rapidly adapt to the regulations of the organization.