Relationship dossier
Mexico
Vietnam
Relationship assessment
Mexico and Vietnam have a cooperative relationship with bilateral tax and regional trade frameworks.
Mexico toward Vietnam
+20Mexico participates with Vietnam in the CPTPP, which provides a trade framework between the two countries, and is party to a bilateral agreement with Vietnam to avoid double taxation.
Vietnam toward Mexico
+20Vietnam participates with Mexico in the CPTPP, which provides a trade framework between the two countries, and is party to a bilateral agreement with Mexico to avoid double taxation.
Overall relationship
+25The bilateral relationship has a durable economic foundation in the tax agreement and shared CPTPP trade framework. These arrangements support cooperation, while the breadth of political and other sectoral ties is less clear.
How to read these scores
Scores are rough judgments, not objective measurements or current verification. Directional scores describe government policy and conduct, not public opinion. The overall score is an independent estimate, never an average.
- −100
- Extreme sustained hostility
- −50
- Substantially adversarial
- 0
- Mixed or neutral, supported by knowledge
- +50
- Substantially cooperative
- +100
- Exceptionally close sustained partnership
“Not assessed” means there is no recorded score. Pair existence makes no claim about diplomatic recognition or established relations.
Relationship context
Overview
Mexico and Vietnam maintain cooperative economic ties, including a bilateral double-taxation agreement and participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which provides a framework for trade between them. The relationship includes sustained economic cooperation, though its broader scope and implementation are not fully clear.
Key developments
Mexico and Vietnam signed a bilateral agreement to avoid double taxation.
The CPTPP entered into force for Mexico, establishing trade commitments applicable to trade with Vietnam.
The CPTPP entered into force for Vietnam, establishing trade commitments applicable to trade with Mexico.
Major uncertainties
- The extent of cooperation under the bilateral tax agreement and CPTPP is unclear.
- Details of recent political and sector-specific cooperation are limited.