Developing infrastructure to Promotelnvestment, Business, Economy and National Defence

摘要

Economic integration is happening around the world with bilateral and multilateral cooperation, free trade and investment areas and communities of countries and regions. For its part, ASEAN is going to establish an economic community by 2015. The current trend, together with the science and technology revolution, is making the world increasingly small and flat. Becoming a WTO jnember after 20 years of renovation, Vietnam has established its position and played its part in the international community, honouring WTO commitments for opening commodity and service markets and meeting the opportunities and challenges of development. Vietnam will cut import taxes from the present 17.4 per cent down to 13.4 per cent in 5-7 years, and will open markets for 11 services with 110 out of 155 branches.