Vietnam and the new FTA Regulatory Environment

The article analyses Vietnam’s commitment to implementing Free Trade Agreements (FTAs) from a regulatory framework. Because FTAs are important for trade facilitation between member countries, Vietnam is seeking to complete the commitments as soon as possible. Therefore, a review of Vietnamese trade legislation to align its law with FTA obligations and commitments is warranted. The law reviewed in this study has a direct impact on Vietnam’s foreign trade. Most, but not all, FTA obligations have been implemented in Vietnamese law, with just a small portion likely to be incorporated into domestic legal documents in the near future. Full compliance with FTA obligations, as well as their implementation, would maintain momentum as Vietnam enhances its economic development.