Future Development

Since Vietnam joined the WTO in 2007, more and more foreign enterprises and businessmen are interested in doing business in Vietnam. Being a WTO member, Vietnam must accept common rules of international trade and investment in a level playing field. The foreign businesses will henceforth be on equal footing on Vietnamese ground, and other countries including the US shall no longer treat Vietnam’s goods and products differently or less favorably in comparison with goods and products from other countries in their market. Cooperation in economic, legislative, health, education, and social welfare matters, as well as in cultural and scientific development, including cooperation in all aspects of IP protection, are expected to be further strengthened in the years to come.