Report discussing the role of the United States regarding the status of trade relations with Vietnam after its accession to the World Trade Organization (WTO). The report focuses on the issue of most-favored-nation (MFN) status, or normal trade relations (NTR) which conflicts with Title IV of the Trade Act of 1974. There is an overview of U.S.-Vietnam economic relations the Jackson-Vanik Amendment and Vietnam's NTR status, the WTO accession process in relation to Vietnam's status, the significance of the issues for both Vietnam and the United States, as well as other political and economic issues.