Vietnam's commitments in joining the WTO include wide-ranging reforms to its economy and substantial reduction in tariffs.
Vietnam has already passed more than 80 laws to implement fully its commitments, including substantial changes to its regime on intellectual property rights protection.
Vietnam is scheduled to become a WTO member on January 11, 2007.
Vietnam will join 149 other members of the WTO. As a WTO member, Vietnam will be required to abide by international trading rules and will provide greater access to its fast-growing market of over 82 million people. Vietnam will also be required to enhance transparency in government processes and increase economic freedoms.