Pham Thanh Nga, LL.M

Mediator, Lecturer, School of Law, Vietnam National University Hanoi (VNU)

Assoc.Prof Doan Hong Nhung

Lecturer, School of Law, Vietnam National University Hanoi (VNU)

Abstract

Facing the impasse of the World Trade Organization (WTO) on the issues of global multilateral trade liberalization, countries have established free trade zone by signing new generation free trade agreements with broader issues than traditional free trade agreements such as sustainable development, environmental protection, anti-corruption, labor, human rights, etc. Following that trend, Vietnam has participated in negotiating and signing many new generation free trade agreements with many partners such as the European Union (EVFTA) or the countries of Pacific Asia (CPTPP). These new FTAs ​​not only affect economic and trade activities of Vietnam, but they also contribute significantly to the improvement of the legal and policy institutions in the current period. In this paper, the author will give the most general issues about new generation FTAs, thereby analyzing the impact of these FTAs ​​on the formulation and improvement of Vietnamese policies and laws currently and in the future. From there, the author makes appropriate conclusions and suggestions.

Key words: FTA; policy; law; impact; Vietnam.