Labour and Social Issues Emerging from Vietnam’s Accession to the Wto

The World Trade Organization (WTO) is the most influential institution in the world in terms of trade and investment with sophisticated and complex rules and regulations observed by all member states. WTO membership brings about different opportunities and challenges for different countries depending on their readiness and internal strength. In the case of Vietnam, two groups of issues need analyzing and assessing in preparation for its accession to this organization: first, it is essential to understand the requirements for Vietnam to make necessary adjustments and preparations to become a member of WTO by the expected time; second, it is equally important to anticipate and assess the various impacts on Vietnam after it becomes an official member of the WTO so as to design policies and measures to turn challenges into opportunities.