USAID’s Governance for Inclusive Growth Program is helping Vietnam’s Ministry of Finance (MOF) to consistently incorporate international commitments from numerous free trade agreements (FTAs) into the country’s legal documents relating to the finance sector. Such international commitments are broad and complex, from tariffs on import-export goods to services such as freer movement of professionals in accounting, insurance, securities and banking. On July 26-27, USAID and MOF held a two-day workshop to provide MOF representatives with skills and knowledge to learn and institutionalize international commitments from signed FTAs in the finance sector.

So What? The institutionalization of international commitments on finance will help Vietnam improve legal enforcement in the financial sector.