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AGREEMENT BETWEEN JAPAN AND THE SOCIALIST REPUBLIC OF VIET NAM FOR AN ECONOMIC PARTNERSHIP (VJEPA)

VJEPA has a number of new commitments compared to the WTO regarding definitions and levels of competitive protection in some service sectors (such as telecommunications services...).

Regarding service market openness:

  • The level of commitment to openness that Vietnam offers in the VJEPA is almost similar to that of Vietnam in the WTO,
  • Japan opens the service market to Vietnam much wider than its commitments in the WTO (especially professional services such as legal services, tax consulting, computer services, engineering, advertising, analysis, auditing, services in information, construction, distribution, education, environment, finance, healthcare, tourism).