AGREEMENT BETWEEN JAPAN AND THE SOCIALIST REPUBLIC OF VIET NAM FOR AN ECONOMIC PARTNERSHIP (VJEPA)

15/ 03/ 2022

Introduction

The Vietnam-Japan Economic Partnership Agreement (VJEPA) was signed on December 25, 2008, has been effective since October 1, 2009. Its comprehensive content includes many areas including trade in goods, trade in services, investment, and improvement of the business environment and movement of natural persons.

Accordingly, in the last year of the tax reduction roadmap (in 2026), which is after 16 year implementation of this Agreement, Vietnam has committed to eliminating 90.64% of the tariff lines and by the time the Agreement was effective, 29.14% of the tariff lines have been immediately deleted. The remaining ones are for CKD cars and other sensitive lines, which maintain the basic tariffs or do not reduce, accounting for 9% on the groups including alcohol tobacco, some chemical products, explosives, rubber, cotton and steel…

Agreement text

The Vietnam-Japan Economic Partnership Agreement

Annex 1: Schedules in relation to Article 16

Annex 2: Product Specific Rules

Annex 3: Operational Certification Procedures

Annex 4: Financial Services

Annex 5: Schedules of Specific Commitments in relation to Article 62

Annex 6: Lists of Most-Favored-Nation Treatment Exemptions in relation to Article 63

Annex 7: Specific Commitments for the Movement of Natural Persons

Others

Implementing Agreement between Japan and Vietnam pursuant to Article 10 of the Agreement between Japan and Vietnam for an economic partnership

Agreement between Japan and Vietnam for the Liberalization, Promotion and Protection of Investment