Free Trade Agreements that Vietnam enjoys as an ASEAN member

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ASEAN (AFTA)

ASEAN FTA was first formed in 1967 with six member countries – Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand – and subsequently saw the addition of Cambodia, Laos, Myanmar and Vietnam. The first six members are commonly referred to as the ASEAN 6 while the latter four entrants are commonly known as the CLMV countries.

ASEAN-Australia-New Zealand FTA (AANZFTA)

The ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) Agreement was concluded and announced by Ministers in August 2008 in Singapore. It was signed on 27 February 2009.

ASEAN-China FTA (ACFTA)

In November 2001, ASEAN and China agreed to launch negotiations for an ASEAN-China Free Trade Area (ACFTA). In the following year, ASEAN and China signed the Framework Agreement on Comprehensive Economic Cooperation between ASEAN and China.

ASEAN-India (AIFTA)

The AIFTA Trade In Goods (TIG) Agreement was signed on the 13 August 2009 by the ASEAN Economic Ministers and the Minister of Commerce and Industry of the Republic of India in Bangkok, Thailand.

ASEAN JAPAN Comprehensive Economic Partnership (AJCEP)

The Framework Agreement for Comprehensive Economic Partnership (CEP) between the Association of Southeast Asian Nations and Japan was signed in Bali, Indonesia, on 8 October 2003. Subsequently, the ASEAN Japan Comprehensive Economic Partnership (AJCEP) was signed after 11 rounds of negotiation over a period of four years.

ASEAN Korea (AKFTA)

The ASEAN Korea Free Trade Agreement (AKFTA) was proposed by Korean President Roh Moo Hyun in October 2003 at the ASEAN-Republic of Korea Summit held in Bali, Indonesia.

For more information, please contact Vietnam Trade Office in Canada at Ca@moit.gov.vn