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ACCORDING to calculations by the National Centre for Socio-Economic Information and Forecasting under Vietnam’s Ministry of Planning and Investment, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will boost Vietnam’s GDP by $1.7 billion and exports by more than $4 billion by 2035, up 1.32 per cent and 4.04 percent respectively.

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The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into force in Vietnam on January 14, will support free trade amid ongoing global trade tensions, according to HSBC Vietnam.

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The prices of imported automobiles in the Vietnamese market may not reduce as much as expected after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect on Monday, according to the Ministry of Industry and Trade.

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The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in Việt Nam today. The impact of the CPTPP on the economy depends greatly on the country’s ability to obtain opportunities and overcome challenges.

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At the Canadian Embassy in Tokyo last month, beef promoters flew in a chef from Canada to cook New York strip steaks for hungry Japanese importers and restaurant suppliers.

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The US and China are highly unlikely to join the line of economies keen to join the landmark Pacific Rim trade deal that recently entered into force, even though they stand to benefit from doing so, said a panel of trade experts and Asian diplomats on Thursday (Jan 10).

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The domestic market is expected to see considerable changes in 2019 as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) becomes effective from January 14, according to market watchers.

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The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help raise Vietnam’s gross domestic product (GDP) by 1.3 percent, according to an official of the Ministry of Planning and Investment (MPI).

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In addition to joining the previous World Trade Organisation (WTO), participating in a new-generation Free Trade Agreement, such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), will be an opportunity for Vietnam to continue to improve its economic institution, including the socialist-oriented market economic institution.

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Much attention has been paid to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which officially came into effect on Sunday. Without the US, the 11-member free trade agreement, formerly known as the Trans-Pacific Partnership (TPP), now covers 13 percent of the global economy.

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