The role of the FTA with the FDI into VietnamAs if joining the WTO is seen as the initial step for Vietnam's economy integration, then the free trade agreement FTA and especially the TPP, will mark the true mature step of market economy and deep integration, offering the many benefits the Foundation for Vietnam's economy.Currently, Vietnam has signed 11 free trade agreements and 3 FTA is being negotiated. Free trade agreements are expected to be the catalyst for export growth, improve the business environment and particularly enhance the attraction of foreign investment into Vietnam.After a large number of tax lines removed thanks to the FTA, will strongly impact to capital flows, in particular FDI flow. Investment opportunities open up in many professions have the competitive edge of Vietnam such as textiles, footwear, furniture, coffee, rice, aquaculture, pharmaceuticals, recreational tourism, infrastructure, logistics. In particular, the opportunity-the most powerful foreign capital flows is the textile sector. The Vietnam join FTA series with the EU, South Korea, Eurasian Economic Union and TPP are on the stage of negotiations, the tariff gradually reduced to 0% will bring advantages to increase export turnover for this sector. We are the wave of the powerful Investment FDI into garments to take advantage of tax incentives from the FTA. Besides, Vietnam textile & garment industry has the opportunity to attract more FOREIGN capital into developing materials to limit the import of raw materials, development of industry support.When joining the FTA Agreement, in addition to enhancing the attraction of FDI capital flows into Vietnam, will help develop the job market and increased income for workers. FDI flow from many Member countries TPP will increase along with the development of technology, management skills. The increased role of foreign investors also contribute to promoting the development of the service sector to have a higher value. The growth of FDI would help increase revenue, creating jobs for workers.However, the nature of the economic integration is the new opportunity, when open market, any business would also benefit from the FTA, irrespective of FDI or domestic enterprises. Meanwhile the auxiliary industry in Vietnam has not yet developed, so would like to benefit from the TPP agreement, Vietnam must develop industries and support services.
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