Related Keywords: commitments on opening markets, from the CPTPP, greater level of export diversification, made in the old TPP have not changed, new free trade agreement, now without the US), terms of export markets, textile and garment, the CPTPP (the TPP, Vietnam expects benefits, will still receive huge benefits
Vietnam expects benefits from the new free trade agreement, the CPTPP (the TPP, now without the US) though lower than it would have been with the TPP with the US, according to analysts. However, the textile and garment, will still receive huge benefits from the CPTPP because the commitments on opening markets made in the old TPP have not changed.
As for the textile and garment industry, Japan is the second largest export market for Vietnam, with annual growth rate of 23 percent.
