BTA LÀ GÌ

For travel lớn the United States on a temporary basis, including tourism, temporary employment, study and exchange.

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U.S. Citizens with emergencies, please call: Hanoi: (024) 3850-5000 - Ho bỏ ra Minh City: (028) 3520-4200 or (028) 3520-4600

Outside of Office Hours, contact: - Hanoi: (024) 3850-5000 - Ho chi Minh City: (028) 3520-4200 or (028) 3520-4600

Outside of Vietnam: - Hanoi: +8424-3850-5000 - Ho chi Minh City: +8428-3520-4200 or +8428-3520-4600

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The U.S.-Vietnam Bilateral Trade Agreement (BTA) – Resources for Understanding

The U.S.-Vietnam Bilateral Trade Agreement (BTA) is a comprehensive document covering trade in goods, protection of intellectual property rights, trade in services, investment protection, business facilitation & transparency. The 140-page agreement, which took almost five years to negotiate và put into effect, is highly-technical & was written khổng lồ accord with World Trade Organization (WTO) & other international trade & investment principles. The BTA can basically be summarized as a commitment by both sides lớn create necessary conditions for the products, businesses và nationals of the other side to have fair access lớn compete in the other’s markets.

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When the BTA went into effect on December 10, 2001, the U.S. Immediately provided Vietnam’s goods và companies access to lớn the U.S. Market — a market that represents nearly a third of world GDP — on the same basis it grants to lớn other countries with which it has normal trade relations. Among other things, this means Vietnam’s products are now assessed much lower tariffs — dropping from an average of 40 percent to lớn an average of three percent — when they enter the U.S. For Vietnam’s part, Vietnam has committed to reform its trade and investment regime to provide a much more level & fair “playing field” for U.S. Companies và products in Vietnam. In many cases, Vietnam’s commitments are phased in over a number of years in recognition of the transitional state of Vietnam’s economy và the significant reforms necessary lớn bring its regulatory regime into compliance with international norms.

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The BTA is the most comprehensive trade agreement Vietnam has signed lớn date. Below are a number of links that provide additional information on the BTA. Several reports at the đứng đầu of the links list provide readable summaries and/or explanations of what the BTA covers và means. Please cảnh báo that non-U.S. Government sites and reports bởi vì not represent the views of the U.S. Government và are not authoritative interpretations of the BTA.