It is estimated to rise about 20%-50% hence I used the word “up to” ,due to the so called “high standard” comes with TPP,but I forgot where I read it.
Still I would say that's a quite conservative estimation considering the strict labor/intellectual property/environmental laws and regulations TPP impose to the members
Of course theres no problems with signing up multiple FTAs,and long as they are pure FTAs dealing with only tariffs. But TPP is quite a different beast,as I said the rising production cost means a lot of Vietnam product only export to USJP,China and other countries won’t buy them since we have cheeper alternatives . The dependency of a single market is never a good thing,VN is going to be like another Mexico,praying to god everyday the US won’t get hit by another economic crisis...so joining the TPP is just like “choosing sides” and a big commitment to make
Yea tell that to the Russians who can‘t even find apples and tomatoes to buy when the sanctions hit
How dare you!I thought you were our friend and a Chindian
The way I see it,best case scenario for Vietnam is China recognize their mainland EEZ and That’s It. Never expect China to give up any island in Spratly,let alone recognize Vietnam occupation
Right now China stills somehow sees Vietnam as a little commie brother and would not like to resort to force over spratly,but if VN decides to join the US camp,China will not hesitate to take back spratly by force as a way of “cutting loss”,just like Putin did with Crimea.
If VN stays in China/Russia camp,they might hold on to these islands a little bit longer,but eventually I expect them to come to negotiation table to cede the spratly,in exchange for something else.