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Vietnam to shake up supporting industries to seize TPP opportunities
Vietnam’s manufacturing is currently determined by low-wage, low-tech and low-added value production. And the country is finding its way to move up the global value chain so that it can maximize the potential benefits from a variety of new generation free trade agreements including the pending Trans-Pacific Partnership (TPP).
Vietnam faces plethora of trade defense suits
Vietnam ranked 15th globally in the number of trade defense investigations it faced between 1995 and 2019, WTO statistics show.