The World Trade Organization (WTO) was born in the General Agreement on tariffs and trade (GATT), was established in 1947. The WTO into the yard to be in 1 January 1995 with the aim being to ensure trade flows smoothly, predictability and freedom as possible. The WTO is the only international organization dealing with the global rules of trade between Nations. Currently, the WTO has in 159 members, accounting for more than 97% of world trade. The rules of the WTO are as follows: First, not discrimination. Secondly, national treatment: do not treat foreign goods and services as well as foreign businesses. the level of remuneration less than similar objects in water third, multi-hue: the commercial incentives of a member to another Member must be applied to all WTO members. -Many free trade: this will be done gradually through negotiation . -Prediction capabilities through the links and transparency, which requires that the rules and regulations are publicized and stability have made . -Many incentives for developing countries: Win advantages and incentives for members is that the developing countries in the framework of WTO regulations When joining the WTO, Vietnam is to accept the drastic reduction of import tariffs, abolish the subsidies that the WTO does not allow, and open water widerly markets. To be a member of the WTO, Vietnam cards has cut 3,800 tax line, the final commitment of tariffs will fall 23% in average compared with before tax. Notably, Vietnam also participated in a number of areas of liberalization agreement, under which the level of tax cuts are also very strong
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