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Feb13
Vietnam Joins WTO
Linda Chan February 13, 2007
Know More: International law 2.0, International law
For those attorneys working in international law, they may be interested to know that Vietnam brought to a close its accession negotiations to the World Trade Organization (WTO).  Vietnam formally joined WTO in mid-January 2007. Vietnam's commitments in joining the WTO include reductions in tariffs and reforms to its economy.

 

Is the development of Vietnam welcomed?  Will the accession help boost Vietnam's economic growth?  Some economists seem to predict growth.  Articles report that Vietnamese Trade Minister Truong Dinh Tuyen is confident that WTO membership for Vietnam will help Vietnam refine its economic reform process and create opportunities for trade expansion.  This may lead to and assist in economic growth.

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