(Agreement was signed on September 5, 2002 and entered into effect on November 4, 2002.)
- Exemption of visa is granted to Vietnamese citizens (not residing in Panama) bearing diplomatic passports or official passports and citizens of Panama (not residing in Vietnam) bearing diplomatic, official, special or consular passports with the stay duration not exceeding 90 days.
- Exemption of visa during the whole tenure is granted to members of diplomatic missions or consular posts who are Vietnamese citizens bearing diplomatic passports or official passports or citizens of Panama bearing diplomatic, official, special or consular passports and the family members forming parts of their households.