Vietnam Joins the WTO

January 11, 2007 by Splatty  
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Via wto.org:

Viet Nam informed the WTO on 12 December 2006 that it had ratified its membership agreement. It becomes the WTO’s 150th member on 11 January 2007.

What will this mean for Vietnam?

Vietnam’s entry, the terms of which were decided in November after 11 years of negotiations, opens the door to increased trade and investment in the country. It also will mean increased access to foreign markets for Vietnam’s industries and a neutral arbiter to hear disputes that arise with the country’s bigger, more powerful trading partners. Source – Yahoo News

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