With or without the Trans Pacific Partnership agreement, trade between Viet Nam and the US would continue to rise, a conference heard in HCM City yesterday.
Viet Nam''s legal framework is compatible with most of the commitments on
investment it has undertaken under the Trans-Pacific Partnership
agreement (TPP) but not compatible with commitments on transfer and
investor-State dispute resettlement.
Vietnamese exporters should restructure their production to improve
profit and enjoy preferential of the Trans-Pacific Partnership Agreement
(TPP), Tran Tuan Anh, deputy minister of Industry and Trade said.
Vietnamese firms trading with China should have a rethink to reduce the
ballooning trade deficit and the massive dependence on the neighbouring
country, entrepreneurs told a forum held in HCM City last week.
Participation in the Trans-Pacific Partnership Agreement (TPP) would
favourable conditions to boost Viet Nam''s textile and garment
sector as the third key industry of the country.