A workshop was held in Hanoi on May 12 to look into challenges facing millions of Vietnamese farmers when the TPP agreement takes effect.
Vietnam is expected to attract more foreign investment next year and in the future due to the opportunities and advantages resulting from FTAs.
In May 2015 Vietnam became the first country to sign a free trade agreement with the Russia-led Eurasian Economic Union (EAEU).
The Vietnamese Government and State agencies are attempting to create favourable conditions for foreign investors.
China’s Taiwan ranked third among 50 countries and territories running investment in Vietnam in the first four months of 2016.
The direct contribution of tourism to Vietnam’s GDP was nearly 279.3 trillion VND (12.57 billion USD), or 6.6 percent of GDP.
Vietnam is in the first stages of implementing sustainable development.
The TPP is considered a relatively comprehensive free trade agreement reflecting via numbers and contents of chapters and terms.
Demand for organic farm produce has increased significantly both in Việt Nam, this offers good prospects for businesses investing in the field.
Fair trade is now one of the most important concerns for European Union (EU) consumers, along with concern for sustainable development.
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