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FREE TRADE AGREEMENT BETWEEN VIETNAM AND UK (UKVFTA)

Commitments on services and investment provide a stable, predictable, and liberal framework for trade in services.

Vietnam has committed to higher standards of treatment for UK service suppliers and investors under the UKVFTA than those currently applied for other foreign service providers and investors under its WTO commitments.

Without any WTO binding commiment, Vietnam has unilaterally opened most non-service sectors to foreign investors, but Vietnam can change such policies at anytime. Under the UKVFTA commitments, Vietnam is to open definitely many non-service sectors to UK investors without any restrictions on the share of capital, size, or types of activity.