Industrial zones (IZs) in the southern key economic zone (Ho Chi Minh City, Binh Duong, Ba Ria – Vung Tau and Long An) have seen a high level of investment for three years because of free trade agreements (FTAs) of which Vietnam is a member.
One of the most important agreements that Vietnam signed in July with the US on the occasion of the Vietnamese Communist Party Secretary General Nguyen Phu Trong was the double taxation avoidance.