In recent years, Vietnam has actively promoted international integration across economic, trade, and diplomatic dimensions, with the aim of enhancing its national standing and expanding development opportunities. A major milestone was Vietnam’s accession to the World Trade Organization (WTO) in 2007, which opened access to global markets and accelerated institutional reforms in line with international standards, thereby strongly attracting foreign direct investment and boosting export growth.

The network of free trade agreements (FTAs) signed by Vietnam plays a central role in its economic integration strategy. As of 2025, Vietnam has signed and is negotiating 20 FTAs with more than 60 partners across different continents, including new-generation agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (2018), the EU - Vietnam Free Trade Agreement (2021), the Regional Comprehensive Economic Partnership (2022), as well as FTAs with South Korea and Japan. These agreements significantly reduce tariffs, expand market access for Vietnamese goods, and enhance Vietnam’s appeal as a destination for foreign investment.

At the same time, Vietnam has established diplomatic relations with 194 countries, actively participates in multilateral frameworks such as APEC, ASEAN, and the United Nations, and contributes to major global economic forums. Strategic and comprehensive partnerships with leading economies further strengthen Vietnam’s position within global supply chains and international investment networks.