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.
The TPP and AEC are expected to offer more market opportunities for insurance companies in Việt Nam, but will also present tough challenges.
A large free trade area will be open between Vietnam and its 55 partners, said Prime Minister Nguyen Xuan Phuc.
Many unfavorable conditions may make the 6.7 percent GDP growth rate target in 2016 unattainable.
On May 11, a business leader said that TPP will open up great trade and investment opportunities for Vietnamese and Australian businesses.
| The site is done with the technical support of the project BWTO |
