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.

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.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, took effect on Sunday, covering 13% of the global economy and heralding the latest initiative by Japanese Prime Minister Shinzo Abe to throw open the gates to the previously closed Japanese economy.

Tariff cuts and other benefits from Pacific Rim trade agreement begin Dec. 30

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which is the new acronym for the earlier botched Trans-Pacific Partnership (TPP), might pose serious problems for Asean countries that are signing up to this major trade and investment deal.

Việt Nam had become increasingly appealing to large foreign investor groups in the textile and garment industry who wanted to seize opportunities when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in January next year, according to analysts.

Malaysia will likely face devastating socio-economic consequences if it chooses to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Vietnam has become increasingly appealing to large foreign investor groups in the textile and garment industry who want to seize opportunities before the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in January next year, according to analysts.

The Vietnam Trade Office partnered with the Wellington Chamber of Commerce and the ASEAN-New Zealand Business Council to run the Vietnam-New Zealand Free Trade Breakfast last week, discussing various trade issues.

The Comprehensive Progressive Trans Pacific Partnership (CPTPP) promises great benefits for Vietnamese firms, but many regulations on technical barriers and social responsibility will have to be met in order to take full advantage of the trade deal, experts said at a conference in HCM City on December 15.