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Vietnam’s textile and garment exports to US likely to increase sharply with TPP

Related Keywords: adapt new economic structure, adjustment in labor force, from untrained to skilled, highest GDP growth rate changes, investment growht plan, see expansion in business field, textile and garment, VEPR, Vietnam after signing TPP

The Vietnam after it signs the Trans Pacific Partnership (TPP), which includes member countries that make up 40 percent of the world’s trade to see the highest GDP growth rate changes among TPP members. It is forecasted that the GDP growth rate changes would be between 0.11 percent and 2.04 percent, according to the Vietnam Institute for Economic and Policy Research (VEPR), an arm of the Hanoi National University and Japanese Nagoya University.

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