TRADE RELATIONS BETWEEN VIETNAM AND RUMANIA (2010 - 2016)

Abstract

Vietnam and Romania are two countries have traditional relations with more than 65 years since they first established diplomatic relations. Before 1950, as a socialist country, Romania had helped in many fields in many historical periods and contributed significantly to support of Vietnam's Resistance War against America. Since 1989, after the change of political regime, Romania continues to maintain traditional relations with Vietnam. Since then, the relations between two countries have developed in a new direction, in which economic relations are praised by two countries. From the cooperation after transferring, two countries achieved important achievements for the economy. This article studies the bilateral economic relations in the field of trade cooperation by highlighting the factors, processes, and achievements of trade cooperation between Vietnam and Romania from 2010 to 2016. Base on the assessment, the article also evaluates the prospect of this relationship in the future.