
Two years of CPTPP implementation: Only 1 out of 4 Vietnamese businesses reaps the benefits.
Despite many positive signs, experts estimate that only one in four Vietnamese businesses has truly benefited from the CPTPP agreement.

Despite many positive signs, experts estimate that only one in four Vietnamese businesses has truly benefited from the CPTPP agreement.

Only about 40% of provinces and cities have export activities with CPTPP countries, while the number of businesses interested in exporting to member countries remains modest.

Once signed, the Comprehensive and Progressive Trans-Pacific Partnership Agreement, or CPTPP for short, will bring many benefits to Vietnamese businesses.

After the US officially withdrew from the Trans-Pacific Partnership (TPP), the remaining 11 countries continued to push forward and reached an agreement on a new name for the TPP: the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), which was signed on March 8th.