Vietnam Takes on the Trans-Pacific Partnership

The Trans-Pacific Partnership Agreement (TPP), which was signed on October 5, 2015, in Atlanta, Georgia, may significantly benefit Vietnam. Designed to stimulate trading among its 12 members鈥擜ustralia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam鈥攖he TPP creates a number of opportunities for Vietnam鈥檚 small but rapidly growing export-oriented economy. To realize the gains, however, Vietnam needs to develop a yarn and an apparel industry, use the TPP鈥檚 phase-in for tightened drug standards to upgrade its pharmaceutical production, and make the best use of future foreign investments.
by
Authors

Former Director, Program on America and the Global Economy, Woodrow 乐鱼 体育
Political economy student at the University of Texas at Dallas
Indo-Pacific Program
The Indo-Pacific Program promotes policy debate and intellectual discussions on US interests in the Asia-Pacific as well as political, economic, security, and social issues relating to the world鈥檚 most populous and economically dynamic region. Read more
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