Related Keywords: fair playing field, FTA with EU, private business, SOE's, tariff exemptions, Trade agreement, TTP agreement, Vietnam National Textile Garment Group, yarn-forward rule
A new generation of trade agreements like the US-led Trans-Pacific Partnership (TTP) Agreement and the Free Trade Agreement (FTA) with the European Union require member countries to create a fair playing field for private business but this is likely to clear preferential treatment for state-owned enterprises (SOEs), raising concerns about their ability to survive.
