The domestic market is expected to see considerable changes in 2019 as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) became effective as from January 14, according to market watchers.
Vietnam’s core interests will still be ensured after the country joins the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Deputy Prime Minister and Foreign Minister Pham Binh Minh told the National Assembly on November 5.
One year after the US’s withdrawal from the Trans-Pacific Partnership (TPP), the remaining 11 Asia-Pacific countries, including Vietnam, have signed a new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to remove tariff barriers in the region.
Vietnam has recorded upbeat growth despite disadvantages brought about by the withdrawal of the US from the Trans-Pacific Partnership, according a recent article published on the East Asia Forum.
Chief negotiators of the 11 remaining countries of the Trans-Pacific Partnership (TPP) agreement began two-day talks in Tokyo, Japan on September 21 to discuss changes and freezes to parts of the deal following the withdrawal of the US earlier this year.
Donald Trump said Monday he would move to pull out of the Trans-Pacific Partnership (TPP) trade deal the day he takes office, in line with a central campaign pledge.
The Trans-Pacific Partnership (TPP) would be meaningless without U.S. participation, Japan's Prime Minister Shinzo Abe said on Monday as U.S. President-elect Donald Trump said he would withdraw the United States from the pan-Pacific free trade deal.
Chinese President Xi Jinping pledged further economic opening on November 19 as leaders of Asia-Pacific countries sought new free-trade options following Donald Trump's election to US president on promises to scrap or renegotiate trade deals.