#free trade agreements

Such assessments, however, need to be viewed in the context of Vietnam’s starting point in 1986 and the broader trajectory of its development. A country emerging from prolonged wars, facing severe socio-economic difficulties and economic embargo has undergone profound changes over the past four decades.

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.