If Vietnam becomes WTO member, it will be great help for Chinese products and services to enter in Southeast Asian nations.
Negotiations are going on for the membership of WTO and Vietnam agreed to cut off import tariffs on cargo such as textiles, garments, and household electrical appliances.
It is expected that country will remove discrimination from foreign investment and will increase transparency in laws and regulations.
This can improve trade opportunity for China and other members of WTO and can give wide range of choices for Vietnamese consumers.
Bilateral trade between China and Vietnam is expected to exceed US $10 billion this year and after Vietnam become member of WTO, bilateral trade is expected to reach $15 billion in 2010.
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