Us Vietnam Free Trade Agreement

2. This Agreement shall not prevent a Contracting Party from applying its laws in respect of diplomatic missions and consular services provided for by the applicable legislation. 3. This Agreement shall not limit the application of existing or future agreements between the Contracting Parties concerning trade in textiles and textile products. Each Party shall provide nationals and enterprises of the other Party with access to data relating to the economy and certain sectors, including information on foreign trade. The provisions of this paragraph and the preceding paragraph shall not require the disclosure of confidential information which would impede the prosecution or be contrary to the public interest or which would prejudice the legitimate commercial interests of certain public or private undertakings. For the purposes of this Agreement, confidential information that would prejudice the legitimate commercial interests of certain undertakings is specific information relating to the importation of a product that would have a significant impact on the price or quantity available of that product, but is not information that must be disclosed under agreements managed by the WTO. These trade agreements will benefit both sides and foreign investors will be able to take advantage of the opportunity to invest in Vietnam. But it is too early to conclude the positive effects of these agreements. The spotlight will now shift to how potential profits and losses are put into practice for both parties and who could get more out of it. Such agreements illustrate the strength of EU-Vietnam relations and the opportunities Europe sees in the Southeast Asian country. As regards the formation, acquisition, extension, administration, implementation, operation and sale or sale of covered investments or other disposals of covered investments in similar situations, investments by its own nationals or companies in its territory (`national treatment`) or investments made in its territory by nationals or companies of a third country (`the national` Are not: in similar situations, it grants investments by its own nationals or companies (`national treatment`), whichever is more advantageous (`national treatment`).