Vietnam has boosted its international economic integration as it has signed a number of free trade agreements, including the European Free Trade Association (EVFTA) and the Trans-Pacific Partnership (TPP), and is likely to create more opportunities for the country to integrate further with regional and global economies.

Vietnam joined ASEAN in 1995, adhered to CEPT/AFTA in 1996 and became an APEC member in 1998. The Bilateral Trade Agreement (BTA) with the United States was signed in 2000, which resulted in a dramatic increase in the trade volume between the two countries. Moreover, Vietnam has signed CPTPP with 10 Trans-Pacific countries (2019), AHKFTA with ASEAN and Hong Kong (2019), EVFTA with 27 members of EU (2020), UKVFTA with The UK (2021).

As of April 2022, Vietnam maintains diplomatic relationships with 190 nations throughout the world. It has 45 bilateral investment treaties and is party to 26 treaties with investment provisions. It also signed 58 double taxation agreements with countries and territories. It holds membership in 63 international organizations and over 650 non-governmental organizations.