Short Communication
Year: 2022 | Month: August | Volume: 9 | Issue: 8 | Pages: 108-116
DOI: https://doi.org/10.52403/ijrr.20220808
Vietnam - Japan Economic Partnership Agreement (VJEPA) in Bilateral Foreign Economic Relations Between Vietnam and Japan
Nguyen Quoc Phong
Faculty of World Economy and International Affairs National Research University - Higher School of Economics, Moscow, Russia
ABSTRACT
Vietnam - Japan Economic Partnership Agreement (VJEPA) is the first bilateral free trade agreement (FTA) of Vietnam after the country joined the World Trade Organization (WTO). The article outlines the main trade and investment commitments of the agreement. The implementation of the VJEPA has promoted the flow of goods from Vietnam to Japan, and at the same time has attracted FDI capital from Japan. The role of VJEPA is confirmed as a catalyst to promote bilateral foreign economic relations between Vietnam and Japan in the article.
Keywords: VJEPA, agreement, international trade, FDI.
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