Việt Nam''s accession to the World Trade Organisation (WTO) in 2007 marked a significant turning point in the nation''s development, strengthening its position in global value chains and demonstrating its commitment to international economic integration.
World Trade Organisation Director-General Ngozi Okonjo-Iweala praised Viet Nam as an example of using trade to accelerate economic development and expand opportunities for people during her visit to the Foreign Trade University on May 18.
Since joining the World Trade Organisation (WTO) in 2007, Viet Nam has engaged in more than 500 bilateral and multilateral agreements in various fields, including seven free trade agreements (FTAs).
The Ministry of Finance has proposed to increase import tax on complete built-up units (CBUs) of trucks weighing more than 45 tonnes from the current zero to 10 per cent.
The World Trade Organisation (WTO) Trade Facilitation Agreement (TFA) will help micro, small- and medium-sized enterprises (MSMEs) further diversify exports and expand markets.
The World Trade Organisation (WTO) has formed a dispute panel to settle Viet Nam’s complaint against the anti-dumping measures put in place by the United States on Vietnamese fish fillets.
Viet Nam''s export and import value has multiplied by four to US$400 billion, equal to 170 per cent of its gross domestic product (GDP), since the country became a WTO member 10 years ago.
The potential impact of the World Trade Organisation Trade Facilitation
Agreement that Viet Nam signed in 2013 on its businesses and the
customs-to-business partnership under the agreement were among the
issues discussed at a workshop in HCM City yesterday.
The Government is determined to make custom
procedures quick and transparent in line with the World Trade
Organisation Trade Facilitation Agreement (TFA) which Viet Nam signed in
2013.
Ex-chief of the World Trade Organisation Pascal Lamy called on Viet Nam
yesterday to eliminate bureaucratic procedures, improve logistics and
focus on adding value to the economy to better benefit from
international trade.