Influence of Vietnam's accession to the WTO on its economy

The thesis discusses the accession of Vietnam to the WTO and the influence of the membership of this organization for the country's economy. Already during the accession procedure Vietnam made changes to the legislation to bring it in line with the principles and rules of the WTO. Furthermore, Vietnam committed to reduce tariffs and open up the services sector to cross-border trade and foreign capital. The thesis aims to analyze the impact of these changes on the economy. The work focuses mainly on the impact on foreign trade and foreign direct investment, which were influenced by the reduction of tariffs and better investment and business environment. Following these changes, structure of employment also changed which is examined in the last part of the thesis