The Studies Of Vietnam's FTA And Its Effect

Since the 1990s,Vietnam has actively participated in the process of regional economic integration.As of 2017,Vietnam has signed 12 free trade agreements(FTAs),and several FTAs are under negotiation or feasibility study.Vietnam has basically reached free trade agreements with its important trading partners,and become one of the most FTAs countries in ASEAN.Therefore,an analysis of the current status,causes,and effects of Vietnam's participation in FTA has important practical significance for China to adjust its peripheral strategy and further develop the economic and trade cooperation between China and Vietnam.This paper reviews the history of Vietnam's participation in the free trade agreement,uses contemporary regional economic integration theory and adopts empirical analysis methods to analyze the causes,characteristics and impact of Vietnam's participation in bilateral or multilateral FTAs,and then uses the trade gravity model to quantitatively analyze the effects,finally puts forward China's countermeasures and suggestions for further adjustment of the FTA strategy.This paper is divided into five chapters.The main contents are as follows:Chapter 1 introduces the background and significance of this topic,domestic and foreign research review,research methods and structure,and innovation points and deficiencies;Chapter 2 defines related concepts and combing the theory of regional economic integration;Chapter 3 describes the status,motivation and characteristics of Vietnam's FTA strategy;Chapter 4 describes the specific content of Vietnam's FTA;Chapter 5 discusses the economic effects of Vietnam's participation in FTA and uses gravity model to analyze the trade effect;Chapter 6 evaluates Vietnam's participation in FTA and proposes China's countermeasures.This paper believes that Vietnam is gradually participating in regional economic integration driven by internal and external drivers.The new generation of free trade agreements that have been signed covers a wider range of content and standards,and Vietnam's global FTA layout has taken shape.In recent years,the economic effects and competitive advantages have gradually shown because of the free trade agreement.Under the new regionalization pattern,China should speed up the upgrading of the original FTA,promote the construction of China's FTA network,and continue to support the ASEAN-led East Asian regional economic integration process.