Ministry of Economy, Trade and Industry
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Japan-Viet Nam EPA Entered into force on Oct. 1, 2009

Outline

Japan and Viet Nam decided to start negotiations in January 2007 at the Japan-Viet Nam Summit Meeting in October 2006. After 15 rounds of negotiations, Japan and Viet Nam reached a broad agreement in September 2008 and signed the EPA in December of the same year, which came into force in October 2009. This was the first bilateral EPA for Viet Nam.
In recent years, with the effects of the Japan-Viet Nam Joint Initiative (since 2003) as a framework for improving the business environment, and the Japan-Viet Nam Investment Agreement (effective since 2004), investments from Japanese companies, such as automotive, electronic, and electrical equipment companies have been increasing steadily, and Japanese industry has a very deep interest in Viet Nam. High tariff rates on parts and materials and the nonexistence of sufficiently developed supporting industries, however, represent challenges for the future. The Japan-Viet Nam EPA is expected to work on these challenges. Furthermore, the EPA, as the third economic pillar between both countries, is expected to contribute to the reinforcement of the political and economic relationship between Japan and Viet Nam. In accordance with the EPA, Viet Nam is to implement tariff reduction or elimination in the field of trade in goods focusing on parts and materials required for production by the Vietnamese manufacturing industry. Under the EPA, Viet Nam promised liberalization for importing goods at a high level not attained by the China-ASEAN FTA or the Korea-ASEAN FTA. On the other hand, Japan eliminated tariffs on almost all products in the field of industrial products. Furthermore, Japan improved market access in the field of agricultural and fishery products. As for movement of natural persons, Japan made a promise on IT professionals within the range of the current immigration system, in order to promote the movement of Vietnamese IT professionals. In the meantime, Japan decided to continue discussing the possibility of accepting nurses and care workers after the effectuation of the EPA. Furthermore, the EPA specifies Japan-Viet Nam cooperation in the development of supporting industries and the reinforcement of food hygiene management and sanitary and phytosanitary.

Agreement and relevant documents

Agreement

Refer to Annex 1 for the schedule of tariff reduction and elimination for each type of product. The schedule of the counterpart country is provided in English only.
Refer to Annex 2 for the rules of origin for each type of product.
Refer to Annex 4 for the list of foreign investment restrictions.

Document name PDF
Text
Agreement between Japan and the Socialist Republic of Viet Nam for an Economic Partnership
English
Annex 1
Schedules in relation to Article 16
English
Annex 2
Product Specific Rules
English
Annex 3
Operational Certification Procedures
English
Annex 4
Financial Services
English
Annex 5
Schedules of Specific Commitments in relation to Article 62
English
Annex 6
Lists of Most-Favored-Nation Treatment Exemptions in relation to Article 63
English
Annex 7
Specific Commitments for the Movement of Natural Persons
English

Implementing Agreement

Document name PDF
Implementing Agreement between the Government of Japan and the Government of the Socialist Republic of Viet Nam Pursuant to Article 10 of the Agreement between Japan and the Socialist Republic of Viet Nam for an Economic Partnership English

Operational Procedures

Document name PDF
Agreement between Japan and the Socialist Republic of Viet Nam for an Economic Partnership
Implementing regulations
English
 
Ministry of Economy, Trade and Industry
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