Topic: Cptpp

Vietnam's exports to the CPTPP market are projected at $55.8 billion, an 11.2% year-on-year increase.

In his recent interview with the Vietnam Government Portal (VGP), UK Ambassador to Vietnam Iain Frew affirmed that the agreement will help to liberalize trade and investment between UK and Vietnam as well as between the UK and the rest of the CPTPP members.

On December 15, 2024, the CPTPP comes into effect between the UK and 8 of the ratified CPTPP members

Businesses in Vietnam’s strong sectors like agriculture and aquaculture have seen relatively limited benefits from FTAs.

Japanese Minister in charge of CPTPP is on a working visit to Vietnam.

The National Assembly expected to ratify the document on the UK's accession to the CPTPP at the ongoing session.

The ratification will help Vietnamese goods to get better access to UK market.

Exports to CPTPP markets are increasing significantly but product branding remains limited.

Brand building would help Vietnamese enterprises expand their market share further in the country and boost export revenue.

Vietnam is expected to become one of the world’s largest wood production centers over the next 10-15 years and is already making a major impression in Canada from the CPTPP.