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TPP failure would cost the US trade dominance

How The Presidential Election Could Endanger Obama’s Big Trade Deal
How The Presidential Election Could Endanger Obama’s Big Trade Deal

TPP has almost no chance to survive next presidency. Both Trump and Hillary are pro-jobs, instead of pro-business, and not in favor of free trade deals.
This is Hillary's attitude for TPP:
"I did say, when I was secretary of state, three years ago, that I hoped it would be the gold standard," Clinton said. "It was just finally negotiated last week, and in looking at it, it didn't meet my standards. My standards for more new, good jobs for Americans, for raising wages for Americans. And I want to make sure that I can look into the eyes of any middle-class American and say, ‘this will help raise your wages.’ And I concluded I could not."

Another biased article to give the Chinese wet dreams. LOL

Trump will never get elected as President of the US.

The Clinton family has closer ties with Vietnam than Obambam.

http://bigstory.ap.org/article/8796...ton-visits-vietnam-mark-20th-anniversary-ties

LOL, I'm laughing at you because you're so clueless on how American politics actually work. Do you know why this is? I bet you will never know.
 
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Hillary is a known liar and Wall Street‘s proxy, I doubt she will throw TPP out of the window. As for Trump, well, anything can happen if he gets elected, let's just leave it to that.

But the expectation of TPP being overthrown by the next president is already a bit enough setback for this trade deal. Many investment could have already been put on hold, facing this uncertainty.
 
Hillary is a known liar and Wall Street‘s proxy, I doubt she will throw TPP out of the window. As for Trump, well, anything can happen if he gets elected, let's just leave it to that.

But the expectation of TPP being overthrown by the next president is already a bit enough setback for this trade deal. Many investment could have already been put on hold, facing this uncertainty.
TPP bring benefit to Wall st, so if some one wanna win thr election, he/she must agree the TPP.

The article is just Cnese wet dream, poor them. Thanks for incoming TPP, US used truck wt higher quality is cheaper than CN new truck now
 
http://www.japantimes.co.jp/news/20...pan-expected-delay-tpp-approval/#.VxuAfjArKUk

The Diet is expected to defer ratification of the Trans-Pacific Partnership free trade pact until after the current legislative session, as the government is giving top priority to responding to the powerful earthquakes in Kyushu, it was learned Tuesday.

The government and the Liberal Democratic Party-led coalition are planning not to extend the legislative session, which is scheduled to end June 1, senior administration officials said.

This will make it difficult for the Diet to approve the TPP and related bills.

The government and the coalition are expected to discuss the possibility of resuming Diet debate on the pact and the bills at an extraordinary session, which would be convened in autumn.

At their meeting Tuesday, LDP executives, including Secretary-General Sadakazu Tanigaki and Diet affairs chief Tsutomu Sato, shared the view that approval during the current session is difficult because of the Diet’s tight schedule.

Without an extension, the Diet will effectively end proceedings before the Group of Seven summit in late May, which will be chaired by Prime Minister Shinzo Abe.

Furthermore, the ongoing Diet session will be interrupted by the Golden Week holidays later this month and early next month, leaving the Diet very limited time for deliberations on the TPP and the related bills.

Debate on the TPP started April 7 by a Lower House special committee but were suspended the following day due to objections from opposition parties to remarks by ministers and the way of the committee’s chairman, Koya Nishikawa, was handling the panel.

Although the committee resumed TPP discussions on Monday, opposition parties, including the Democratic Party, are urging the government not to rush through the proceedings and should instead focus on responding to the Kumamoto quakes.

Meanwhile, ahead of Sunday’s two Lower House by-elections and this summer’s Upper House election, the ruling bloc is concerned that forcible TPP approval could provoke a backlash from the public.

“We can’t forcibly hold a vote on the TPP,” a senior LDP official said.

On Tuesday, the Diet affairs chiefs of the LDP and the DP, the biggest opposition party, agreed to cancel a debate session planned for Wednesday between Prime Minister Shinzo Abe and opposition leaders due to the unfolding disaster in Kumamoto.

The ruling and opposition parties will discuss the handling of the TPP bills at a meeting of their secretaries-general next week.
 
http://www.fmprc.gov.cn/mfa_eng/zxxx_662805/t1357618.shtml

Li Keqiang Sends Message of Condolence to Prime Minister Shinzō Abe of Japan over the Violent Earthquake in Kumamoto Prefecture of Japan
2016/04/20
On April 20, 2016, Premier Li Keqiang sent a message of condolences to Prime Minister Shinzō Abe of Japan over the violent earthquake in Kumamoto prefecture of Japan.

Li Keqiang expressed that a violent earthquake has struck Kumamoto prefecture of your country, causing heavy causalities and loss of property. On behalf of the Chinese government and people, I would like to extend profound sympathy. I believe that your government and people can certainly overcome difficulties and rebuild the homeland. China will continue to follow development of the disaster, and stands ready to provide necessary aids.
 
Almost eight years have elapsed since Vietnam first experienced its official WTO membership in 2007. At the time of accession, it was envisioned that Vietnam economy would develop rapidly, making the country “take off” and become “a new Asian tiger”. Ever since accession, most enterprises and the Vietnamese feel disappointed with the fact that economic growth has been much lower than expected since Vietnam joined the WTO. Among other things, failing to prepare well and to be so optimistic about the benefits received from the WTO membership of the Vietnamese enterprises are the reasons for such disappointment. Now, the history seems to repeat itself when Vietnam are negotiating another important Free Trade Agreement - the Trans-Pacific Strategic Economic Partnership Negotiations (“TPP”).

Major benefits of TPP for Vietnam are analyzed and even propagated on public media to galvanize public support for closing TPP. Unfortunately, like the WTO, the TPP is not a “delicious cake”, and of course, there is no free lunch for Vietnam. And how TPP affects the agricultural sector employing 70% of Vietnamese population is a question of further analysis.

1. About TPP and Vietnam’s membership

The TPP is a proposed regional free trade agreement (“FTA”) that aims to integrate Asia-Pacific economies. Originating from a modest agreement with only four initial members including Chile, New Zealand, Singapore and Brunei in 2006, with subsequent participation for negotiation of Australia, Canada, Mexico, Peru, Vietnam, Malaysia, the United States and recently Japan, the TPP negotiations have developed to become “the largest, most dynamic trade collaboration of our time”, the 21st century, as called by Ron Kirk, United States Trade Representative. TPP has been gone through 20 negotiation rounds ever since and it keeps going on and is expected to conclude by the middle of this year.

Officially joining in TPP negotiations in November 2010, the Vietnamese government hopes and believes that domestic exporters will have greater access to large, dynamic and fast-growing TPP markets which are home to more than 792 million people and 40% percent of global GDP and one-third of all world trade. Additionally, TPP will improve Vietnam’ competitiveness on the global market by solidifying its participation in lucrative trading blocs.

2. Challenges to come for agriculture sector

a. Proposed TPP’s rule on agriculture

Under the TPP, there is no agricultural chapter but rules affecting agriculture, food systems and food safety are proposed and the specific drafts are still kept confidential.[1] Fortunately the important issues and contents of agricultural negotiations have been leaked and updated regularly. Among them, the most ambitious rule of agricultural sector in the TPP agenda is to reduce tariff rate to 0% among the TPP partners. Ironically, agricultural subsidies, which are the main trade-distorting practice of developed countries such as the United States, have been kept out of the agenda of the TPP negotiations. They are clever not to include what would be damaging to their agriculture, thus the developing countries are deprived of what would have been the major trade gain for them.[2]

b. Possible negative impacts for Vietnamese enterprises

i. Lose market share in domestic market:

Market access for agricultural products is always a sensitive issue since it affects 70% of Vietnamese farming population. Hence, the ambition to reduce tariff rate to 0% under the TPP surely affect domestic enterprises.

Vietnam agriculture has both defensive and offensive interests in the TPP negotiation. Many agribusinesses view positively the prospect of exporting more agriculture products to TPP countries, especially Japan, the United States, and Canada. Presently, Vietnam is third biggest exporter of Japan in terms of peppers and coffee and tropical fruits, and the fifteenth partner of the United States in terms of coffee, cashew, pepper, rice and tea. At the same time, it is concerned about the competition that Vietnam exporter and producers would pose if granted preferential access to the Vietnam market, especially sugar and dairy products, meat and beef.

Under the TPP, Vietnam has to open its agricultural market, i.e. to remove 100% tariffs rate of import duties while the technical barriers are not high, that causes disadvantage for domestic producers. When the TPP enters into forces, Vietnam market is likely to be flooded with agricultural products from TPP countries, especially from New Zealand, the United States, and Australia because of the following reason:

The real concerns are originated from Australia, New Zealand and the United States products

Business community are worried that the livestock products such as beef, pork, poultry, sugar and dairy, tropical fruits such apple, orange, and corn, cotton, beer, wine and beverage will have to compete drastically with products from New Zealand, Australia, and United States. It is believed that those countries will have the capability of making “quick attacks” with their powerful agriculture production force, good experiences and high quality products.[3]

For corn and cotton, Vietnam currently is importing around 40% from the United States, however, the tariff rate is already 0-5%. Therefore, if the TPP eliminate tariff in these products, Vietnam ones will not be affected. However, it is different in the dairy case. Currently, the import duty for dairy products under the WTO commitment is 25% but the demand is still high.[4] According to the Vietnam general statistics, the country imported from 72% to 73% diary product in the years of 2013 and 2014, and the number continues annually.[5] Among them, Vietnam imports mainly from New Zealand, the United States, and Australia with 27%, 13%, and 10% respectively.

Business community also concerns that beef, lamb, poultry, etc from the United States, Australia and New Zealand will flood our market when the TPP agreement comes into effect because with the current tax rate (around 20%), Vietnam products still cannot compete with imported goods.

Drastically competing with beverages, beer and wine imported from TPP countries is also another challenge for domestic producers

Currently, applicable tax for these products under the WTO commitment are very high, 35, 45, and 30% respectively. It is likely that when the tariff rate for these products is 0%, the domestic market will be dominated by imported products since Vietnamese consumers prefer foreign brands.[6]

Vietnam’s agriculture will not be seriously affected by Brunei, Malaysia, and Singapore, Peru, Chile, and Japan export products

Brunei and Singapore do not have significant agricultural products; accordingly, ability that Vietnam’s agricultural products would be competed strongly from those countries would not occur.

For Malaysia, this country currently has imported majority of agricultural products from Vietnam (especially rice, vegetables, and also meat), hence it doesn’t have any risk as Vietnam opens its agricultural product market to Malaysia in accordance with the TPP.

Vietnam entered into FTA with Chile in 2011, and has yet to have FTA with Peru. However, those are rather far markets due to geographic distance, small scales in term of population and capacity of competition are as same as Vietnam’s. Accordingly, opening the agricultural product market to those two TPP countries will not create any considerable challenge in Vietnam’s market and will not be of great promise in two markets of Chile and Peru.

Japan does not cause any concern for Vietnamese agriculture because it is the net-import country in this sector. [7]

ii. Lose market share in the TPP partners’ markets

With tariff over agricultural products being eliminated, Vietnam stands a golden chance to export more products to these promising markets, especially with tropical fruits and vegetables, coffee, rice, tea, cashew, black pepper and rubber products. Nevertheless, TPP would not be as smooth and flat as a route for Vietnam’s agriculture. Market access for agriculture product is always a sensitive issue to every country, especially for developed ones. Therefore, domestic agricultural sectors of most developed countries are protected by non-tariff barriers, regulations on health and sanitary standards, and labeling.[8] Thus, even if the tax rate is 0%, it is concerned that some developed TPP countries still make every effort to protect, restrict importation of agricultural products for preserving their domestic agriculture sector. Especially, the United States is also believed to have effective defensive measures against the farm produce imports. With the capability of manufacturing high quality products, plus technical barriers, the United States is quite capable to protect its agricultural production from imports.[9]

Technical barriers of the developed countries will be stricter and that the competitive capacity of Vietnam is not so high may prevent Vietnam from enjoying benefits from reduced tariff rates. Even in Japan, the Government considers compensating Japanese farmers for losses they may incur when Japan joins TPP. This shows that the Asian economic power thinks about what impacts the agreement would bring to it.[10]

For Vietnam, while the domestic producers engage in agricultural sector with small and disperse size, and have no well-defined strategy on production methods, seeds for domestic animals and plants, coupled with weak financial capacity, shortage of capital to improve production technology and low labor productivity, the challenges seem even more daunting when TPP entry is coming close. Thus, the government should facilitate domestic producers in crafting a clear and comprehensive strategy to enhance competitiveness and improve technology to increase productivity and quality to be ready for competing with waves of imported products or risk losing on both its turf and TPP markets. Eventually, farmers will suffer the most. If Vietnam is not ready for such ambitious rule, the government should not sign the TPP agreement at any price.

http://www.smic.org.vn/en/policy-di...-to-vietnams-agricultural-sector-under-thetpp
 
BS, under TPP, Viet people will be the biggest beneficiary.
Amelica and Australi's agricultural sector will be totally ruined by Viet noodles and duck.
And Apple and Google will move their headquarters to Hue and Nha Trang
Trump is infuriated by this prospect but he will build a Trump Tower in Nha Trang.
Trump the Trang Trang saver!
 
I remember, the negotiators of Vietnam said "Vietnam animal husbandry would be much affected"
 
Vietnam is poised to be the biggest beneficiary of the 12-nation pact, but for the country’s manufacturers, there are downsides

The landmark 12-country Trans-Pacific Partnership trade deal could bring more business to Vietnamese manufacturers, but there is a potential downside: higher labor costs and strained production at the country’s factories.

Over the past decade, manufacturing labor costs in Vietnam have more than tripled to $1.96 an hour, including benefits, although costs are still much less than China’s $3.27 an hour and the U.S.’s $37.96 an hour, according to the Economist Intelligence Unit.

Stanley Szeto, the chief executive of Lever Style, a Hong Kong-based firm that manufactures shirts and pants for brands from Hugo Boss to J. Crew, says he’s “not very excited” about the trade pact because any surge of investment could make it more expensive to manufacture in Vietnam.

"Cost will go up and it’ll be harder for everybody to get capacity” at factories, says Mr. Szeto, a former investment banker who took over the family business from his father in 2000. “Labor (procurement) is going to be more competitive.”

In the past five years, Lever Style has moved a quarter of its production from China to Vietnam, paring its China workforce nearly 50% to 3,000 employees in the process. The manufacturer says it hasn’t been able to move to Vietnam faster because factories in the country still lack the know-how to manufacture a sophisticated jacket or shirt.

RELATED
Although the TPP is expected to eliminate tariffs between members on items such as clothing, contract manufacturers in Vietnam are likely to see little of those savings if the pact goes through, says Mr. Szeto.

That is because generally, global brands—not manufacturers—pay the cost of import duties under an arrangement where responsibility for the goods passes to the buyer once the products are shipped. So the elimination of tariffs reduces costs for brands rather than manufacturers.

Manufacturers can negotiate with global brands a higher price for production once the trade deal goes through to share in the cost savings, according to Roger Lee, chief executive of TAL Group, which makes 1 of every 6 dress shirts sold in the U.S. for brands from Banana Republic to Brooks Brothers.

But global brands would only consider this if they have a large amount of production concentrated with one manufacturer, according to Mr. Lee. Manufacturers that don’t keep prices as low as possible also risk losing business to others that do, he said.

Still, manufacturers in Vietnam would benefit from the TPP because global brands will likely choose to source more from the country, boosting volume for factory operations there, says Adam Sitkoff, executive director of the American Chamber of Commerce in Hanoi, a membership group for U.S. companies.

“The idea that saving 10 cents because of lower tariffs means the 10 cents just goes into pockets of the global brands is not really how it works,” says Mr. Sitkoff, noting that manufacturers benefit from increased production in the country.

Avery Dennison, a Glendale, Calif.-based producer of labels and packaging materials that opened a 300,000 square-foot facility in southern Vietnam this year, says it doesn’t see the trade pact as a way to cut its costs in the country.

“It has always been about the growth opportunity it creates and ensuring that we are in a competitive position to capitalize on the opportunity,” says Frank Smigelski, a vice president in Avery Dennison’s retail branding business.

http://www.wsj.com/articles/why-the-tpp-trade-deal-isnt-all-good-for-vietnams-factories-1445223783
 
Does Vietnam even have a Pacific coast line? I know Cambodia and Laos don't.
 
Does Vietnam even have a Pacific coast line? I know Cambodia and Laos don't.
It's all about your perspective. Vietnam is on the South China Sea which itself is mere extention of the Pacific. Vietnam has far more right to be called a Pacific littoral state than say Greece or Italy to the North Atlantic or just Atlantic itself. AS both are contained within the Meditearnean. That though did not come in the way of both joining the North Atlantic Treaty Organization - NATO.
 
Almost eight years have elapsed since Vietnam first experienced its official WTO membership in 2007. At the time of accession, it was envisioned that Vietnam economy would develop rapidly, making the country “take off” and become “a new Asian tiger”. Ever since accession, most enterprises and the Vietnamese feel disappointed with the fact that economic growth has been much lower than expected since Vietnam joined the WTO. Among other things, failing to prepare well and to be so optimistic about the benefits received from the WTO membership of the Vietnamese enterprises are the reasons for such disappointment. Now, the history seems to repeat itself when Vietnam are negotiating another important Free Trade Agreement - the Trans-Pacific Strategic Economic Partnership Negotiations (“TPP”).

Major benefits of TPP for Vietnam are analyzed and even propagated on public media to galvanize public support for closing TPP. Unfortunately, like the WTO, the TPP is not a “delicious cake”, and of course, there is no free lunch for Vietnam. And how TPP affects the agricultural sector employing 70% of Vietnamese population is a question of further analysis.

1. About TPP and Vietnam’s membership

The TPP is a proposed regional free trade agreement (“FTA”) that aims to integrate Asia-Pacific economies. Originating from a modest agreement with only four initial members including Chile, New Zealand, Singapore and Brunei in 2006, with subsequent participation for negotiation of Australia, Canada, Mexico, Peru, Vietnam, Malaysia, the United States and recently Japan, the TPP negotiations have developed to become “the largest, most dynamic trade collaboration of our time”, the 21st century, as called by Ron Kirk, United States Trade Representative. TPP has been gone through 20 negotiation rounds ever since and it keeps going on and is expected to conclude by the middle of this year.

Officially joining in TPP negotiations in November 2010, the Vietnamese government hopes and believes that domestic exporters will have greater access to large, dynamic and fast-growing TPP markets which are home to more than 792 million people and 40% percent of global GDP and one-third of all world trade. Additionally, TPP will improve Vietnam’ competitiveness on the global market by solidifying its participation in lucrative trading blocs.

2. Challenges to come for agriculture sector

a. Proposed TPP’s rule on agriculture

Under the TPP, there is no agricultural chapter but rules affecting agriculture, food systems and food safety are proposed and the specific drafts are still kept confidential.[1] Fortunately the important issues and contents of agricultural negotiations have been leaked and updated regularly. Among them, the most ambitious rule of agricultural sector in the TPP agenda is to reduce tariff rate to 0% among the TPP partners. Ironically, agricultural subsidies, which are the main trade-distorting practice of developed countries such as the United States, have been kept out of the agenda of the TPP negotiations. They are clever not to include what would be damaging to their agriculture, thus the developing countries are deprived of what would have been the major trade gain for them.[2]

b. Possible negative impacts for Vietnamese enterprises

i. Lose market share in domestic market:

Market access for agricultural products is always a sensitive issue since it affects 70% of Vietnamese farming population. Hence, the ambition to reduce tariff rate to 0% under the TPP surely affect domestic enterprises.

Vietnam agriculture has both defensive and offensive interests in the TPP negotiation. Many agribusinesses view positively the prospect of exporting more agriculture products to TPP countries, especially Japan, the United States, and Canada. Presently, Vietnam is third biggest exporter of Japan in terms of peppers and coffee and tropical fruits, and the fifteenth partner of the United States in terms of coffee, cashew, pepper, rice and tea. At the same time, it is concerned about the competition that Vietnam exporter and producers would pose if granted preferential access to the Vietnam market, especially sugar and dairy products, meat and beef.

Under the TPP, Vietnam has to open its agricultural market, i.e. to remove 100% tariffs rate of import duties while the technical barriers are not high, that causes disadvantage for domestic producers. When the TPP enters into forces, Vietnam market is likely to be flooded with agricultural products from TPP countries, especially from New Zealand, the United States, and Australia because of the following reason:

The real concerns are originated from Australia, New Zealand and the United States products

Business community are worried that the livestock products such as beef, pork, poultry, sugar and dairy, tropical fruits such apple, orange, and corn, cotton, beer, wine and beverage will have to compete drastically with products from New Zealand, Australia, and United States. It is believed that those countries will have the capability of making “quick attacks” with their powerful agriculture production force, good experiences and high quality products.[3]

For corn and cotton, Vietnam currently is importing around 40% from the United States, however, the tariff rate is already 0-5%. Therefore, if the TPP eliminate tariff in these products, Vietnam ones will not be affected. However, it is different in the dairy case. Currently, the import duty for dairy products under the WTO commitment is 25% but the demand is still high.[4] According to the Vietnam general statistics, the country imported from 72% to 73% diary product in the years of 2013 and 2014, and the number continues annually.[5] Among them, Vietnam imports mainly from New Zealand, the United States, and Australia with 27%, 13%, and 10% respectively.

Business community also concerns that beef, lamb, poultry, etc from the United States, Australia and New Zealand will flood our market when the TPP agreement comes into effect because with the current tax rate (around 20%), Vietnam products still cannot compete with imported goods.

Drastically competing with beverages, beer and wine imported from TPP countries is also another challenge for domestic producers

Currently, applicable tax for these products under the WTO commitment are very high, 35, 45, and 30% respectively. It is likely that when the tariff rate for these products is 0%, the domestic market will be dominated by imported products since Vietnamese consumers prefer foreign brands.[6]

Vietnam’s agriculture will not be seriously affected by Brunei, Malaysia, and Singapore, Peru, Chile, and Japan export products

Brunei and Singapore do not have significant agricultural products; accordingly, ability that Vietnam’s agricultural products would be competed strongly from those countries would not occur.

For Malaysia, this country currently has imported majority of agricultural products from Vietnam (especially rice, vegetables, and also meat), hence it doesn’t have any risk as Vietnam opens its agricultural product market to Malaysia in accordance with the TPP.

Vietnam entered into FTA with Chile in 2011, and has yet to have FTA with Peru. However, those are rather far markets due to geographic distance, small scales in term of population and capacity of competition are as same as Vietnam’s. Accordingly, opening the agricultural product market to those two TPP countries will not create any considerable challenge in Vietnam’s market and will not be of great promise in two markets of Chile and Peru.

Japan does not cause any concern for Vietnamese agriculture because it is the net-import country in this sector. [7]

ii. Lose market share in the TPP partners’ markets

With tariff over agricultural products being eliminated, Vietnam stands a golden chance to export more products to these promising markets, especially with tropical fruits and vegetables, coffee, rice, tea, cashew, black pepper and rubber products. Nevertheless, TPP would not be as smooth and flat as a route for Vietnam’s agriculture. Market access for agriculture product is always a sensitive issue to every country, especially for developed ones. Therefore, domestic agricultural sectors of most developed countries are protected by non-tariff barriers, regulations on health and sanitary standards, and labeling.[8] Thus, even if the tax rate is 0%, it is concerned that some developed TPP countries still make every effort to protect, restrict importation of agricultural products for preserving their domestic agriculture sector. Especially, the United States is also believed to have effective defensive measures against the farm produce imports. With the capability of manufacturing high quality products, plus technical barriers, the United States is quite capable to protect its agricultural production from imports.[9]

Technical barriers of the developed countries will be stricter and that the competitive capacity of Vietnam is not so high may prevent Vietnam from enjoying benefits from reduced tariff rates. Even in Japan, the Government considers compensating Japanese farmers for losses they may incur when Japan joins TPP. This shows that the Asian economic power thinks about what impacts the agreement would bring to it.[10]

For Vietnam, while the domestic producers engage in agricultural sector with small and disperse size, and have no well-defined strategy on production methods, seeds for domestic animals and plants, coupled with weak financial capacity, shortage of capital to improve production technology and low labor productivity, the challenges seem even more daunting when TPP entry is coming close. Thus, the government should facilitate domestic producers in crafting a clear and comprehensive strategy to enhance competitiveness and improve technology to increase productivity and quality to be ready for competing with waves of imported products or risk losing on both its turf and TPP markets. Eventually, farmers will suffer the most. If Vietnam is not ready for such ambitious rule, the government should not sign the TPP agreement at any price.

http://www.smic.org.vn/en/policy-di...-to-vietnams-agricultural-sector-under-thetpp


1) TPP is different from WTO, WTO only demand member countries to open market for good and service and lower tariff or trade barrier (but you can choose what market to open to foreign countries) .WTO agreement take longer time to implement and enable member countries take long times to commit to agreement, . TPP require members to totally open the market, except for "some sentitive good and service" and short time implementation (3-5 years) and commit to common rule (intellecture property, labour, trade union, SOEs,....)

2) It is mostly about animal husbandry and cattling in agriculture sector like @BoQ77 mention. But it is opportunity for VN fruit, pepper and mb coffee producers

3) Quality management for good&service in VN quite bad, make local producer to cope with the requirement and meet standard is not necessary bad thing. VN government can develop set of standard base on that for quality standard in domestic market

4)Flow of FDI will be more internal (insular) for TPPs member countries, so probably VN can at least gain in area such that it will help train VN employees in sophisticated skills.and management. :
http://asia.nikkei.com/Business/Trends/Japan-manufacturers-eye-Vietnam-as-export-base

5) Moreover, Vietnam lack series A and B investor locally, and also lack the Venture Capitalist and Business Angel for SMEs firm to develop and importantly fundamental skill, TPPs with its flow of FDI can help domestic firm in some area such as start-up capital, skill and working capital. Vn also lack networking community to support it start up firm and its entrepreneur. The increase VC from US, SG and JP since end of 2015 is promising
https://www.techinasia.com/20-vietnamese-startups-win
https://www.techinasia.com/10-actions-vietnamese-people-save-startup-scene-today
http://asia.nikkei.com/Features/Startups/Southeast-Asia-catches-eye-of-venture-capitalists
https://www.techinasia.com/talk/vietnams-looming-perfect-startup-storm

6) Most agriculture producer in VN is like household unit, they tend to be reluctant to form co-operative (hợp tác xã) to cope with market and exploit economic of scale and share knowledge due to negative experience under Subsidization era during 1980's ( thời bao cấp) and ofc the mentally. So push from international agricultural firms from TPP is not necessary a bad things since it can give pressure and incentive to domestic household unit and domestic firm in agriculture sector to co-operate with each others.

7) TPPs include the environmental chapter, imo it will be beneficial in long term when law are passed especially after recent event at the Central, @Carlosa
http://blogs.adb.org/blog/companies-viet-nam-become-liable-environmental-crimes

8) Before 2009, most growth in VN was contribute mostly by domestic consumption rather than Manufacturing and exporting goods, infrastructure rather terrible. It change since 2010, when wave of Korean FDI flow into VN
Reference: http://www.economist.com/blogs/freeexchange/2011/05/reflections_hanoi_iiiN

9) Govt should worry more about ISDS, in FTA, there will always be opportunity cost involve, you can't get everything
 
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1) TPP is different from WTO, WTO only demand member countries to open market for good and service and lower tariff or trade barrier (but you can choose what market to open to foreign countries) .WTO agreement take longer time to implement and enable member countries take long times to commit to agreement, . TPP require members to totally open the market, except for "some sentitive good and service" and short time implementation (3-5 years) and commit to common rule (intellecture property, labour, trade union, SOEs,....)

2) It is mostly about animal husbandry and cattling in agriculture sector like @BoQ77 mention. But it is opportunity for VN fruit, pepper and mb coffee producers

3) Quality management for good&service in VN quite bad, make local producer to cope with the requirement and meet standard is not necessary bad thing. VN government can develop set of standard base on that for quality standard in domestic market

4)Flow of FDI will be more internal (insular) for TPPs member countries, so probably VN can at least gain in area such that it will help train VN employees in sophisticated skills.and management. :
http://asia.nikkei.com/Business/Trends/Japan-manufacturers-eye-Vietnam-as-export-base

5) Moreover, Vietnam lack series A and B investor locally, and also lack the Venture Capitalist and Business Angel for SMEs firm to develop and importantly fundamental skill, TPPs with its flow of FDI can help domestic firm in some area such as start-up capital, skill and working capital. Vn also lack networking community to support it start up firm and its entrepreneur. The increase VC from US, SG and JP since end of 2015 is promising
https://www.techinasia.com/20-vietnamese-startups-win
https://www.techinasia.com/10-actions-vietnamese-people-save-startup-scene-today
http://asia.nikkei.com/Features/Startups/Southeast-Asia-catches-eye-of-venture-capitalists
https://www.techinasia.com/talk/vietnams-looming-perfect-startup-storm

6) Most agriculture producer in VN is like household unit, they tend to be reluctant to form co-operative (hợp tác xã) to cope with market and exploit economic of scale and share knowledge due to negative experience under Subsidization era during 1980's ( thời bao cấp) and ofc the mentally. So push from international agricultural firms from TPP is not necessary a bad things since it can give pressure and incentive to domestic household unit and domestic firm in agriculture sector to co-operate with each others.

7) TPPs include the environmental chapter, imo it will be beneficial in long term when law are passed especially after recent event at the Central, @Carlosa
http://blogs.adb.org/blog/companies-viet-nam-become-liable-environmental-crimes

8) Before 2009, most growth in VN was contribute mostly by domestic consumption rather than Manufacturing and exporting goods, infrastructure rather terrible. It change since 2010, when wave of Korean FDI flow into VN
Reference: http://www.economist.com/blogs/freeexchange/2011/05/reflections_hanoi_iiiN

9) Govt should worry more about ISDS, in FTA, there will always be opportunity cost involve, you can't get everything

The challenges in animal husbandry and cattle growing are certainly true and as Jaiming said, it will push local growers to raise their efficiencies and standards which is a good thing in the end, but there is another element in the picture that is very important, actually much more important and is not being talked about and that is the SAFETY ISSUE.

Anybody that lives in Vietnam is familiar with the issue of illegal chemicals being used for all sort of things in a blatant way and with total disregard to health.

From chemicals used to improve the yellow color in chickens to make them more sellable to chemicals to disguised the appearance and smell of meat that is starting to rot, pork with chemicals and colorants to make it look like beef, chemicals to make pigs grow faster and fatter, etc, etc. This is a TIME BOMB and a major health issue. People are dying of cancer like flies. There are a lot of tricky people involved in the growing of food that only care about profits and disregard the health of people; in fact, they are slowly killing their customers, so, am I going to feel sorry for them? Certainly not.

Vietnamese people are crying for a safe food alternative.

Let the meat imports roll in, the cancer rates will go down.

@BoQ77 @Viet
 
The challenges in animal husbandry and cattle growing are certainly true and as Jaiming said, it will push local growers to raise their efficiencies and standards which is a good thing in the end, but there is another element in the picture that is very important, actually much more important and is not being talked about and that is the SAFETY ISSUE.

Anybody that lives in Vietnam is familiar with the issue of illegal chemicals being used for all sort of things in a blatant way and with total disregard to health.

From chemicals used to improve the yellow color in chickens to make them more sellable to chemicals to disguised the appearance and smell of meat that is starting to rot, pork with chemicals and colorants to make it look like beef, chemicals to make pigs grow faster and fatter, etc, etc. This is a TIME BOMB and a major health issue. People are dying of cancer like flies. There are a lot of tricky people involved in the growing of food that only care about profits and disregard the health of people; in fact, they are slowly killing their customers, so, am I going to feel sorry for them? Certainly not.

Vietnamese people are crying for a safe food alternative.

Let the meat imports roll in, the cancer rates will go down.

@BoQ77 @Viet

Are you also for TTIP?
 

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