United States gets:

• Market access for industrial and agricultural goods
• Sharply lowered tariffs on a wide range of industrial and agricultural goods (with reductions of 30-50%)
• Phase-out of all Vietnamese non-tariff measures. Full trading rights for U.S. firms.
• WTO-level protection for U.S. intellectual property within 18 months.
  • Market access for services
  • U.S. firms may enter Vietnam's market for financial, telecommunications, distribution, audio-visual, legal, accounting, engineering, computer, market research, construction, educational, health and tourism services. Phased in over 3-5 years.
• Protection for U.S. investments, discriminatory treatment. Local content and export performance requirements eliminated, and much investment licensing phased out.
• Increased transparency through issuance of draft laws, publication of all laws and regulations.
  

Vietnam gets

• The same normal trade treatment already granted by the United States to over 130 countries.