With the signing of the TPP this February, Vietnam has gained attention as an export base for textiles and other products.
After the TPP takes effect, taxes that Vietnamese textile, garment exporters to the US pay will decrease 64 percent.
Prime Minister Nguyễn Xuân Phúc held talks with his Lao counterpart, Thongloun Sisoulith, in Hà Nội yesterday, following a welcome ceremony.
The zero rate set for dollar deposits has made banks’ operations less transparent.
This was the highest trade deficit between Vietnam and an ASEAN member, accounting for 71.1% of Vietnam's total trade deficit.
Vietnam’s shrimp export is expected to reach US$ 788 million in the second quarter of this year.
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.
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