The Potential of the TPP for Vietnam

According to article (http://thediplomat.com/2014/09/the-potential-of-the-tpp-for-vietnam/), the TPP agreement can certainly boost Vietnam’s economy.  It can essentially increase it to the point where they are no longer reliant on China.  While this great news for Vietnam, there is still concern whether or not its economy will maintain the same of GDP vis-a-vis China.  China is Vietnam’s biggest trading country, therefore a 180 shift may cause things to go awry once the agreement is signed.  Luckily Vietnam will have 11 supporting countries to trade with which will probably make any deficits it encounters.  It will be interesting to see how China responds and what direction its goes once the agreement is signed.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s