Vietnam to join the TPP, exports and GDP may increase, respectively 68 billion and 36 billion dollars, or 28.4% and 10.5% in 2025 compared with a scenario without join TPP. The US is the major export market of Vietnam, with 55% market share of textile industry. When TPP effect, the tax rate textiles from Vietnam to this market could drop to close to 0%, instead of 17% today. Vietnam is a country with strengths in agriculture with favorable natural conditions. TPP was signed Vietnam will help boost FDI in the sector of water, provide an opportunity for Vietnam to exploit the advantages, potential in agriculture, especially seafood.
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