Extract from “Spotlight: TPP not all roses for Vietnam”

According to statistics from the Vietnamese Ministry of Science and Technology, the country has nearly 600,000 enterprises, of which over 90 percent are small and medium, and mostly use backward technologies.

The situation in the Vietnamese agriculture is similar — small scale, outdated technology and low labor productivity. Therefore, even Vietnam’s key export items, including coffee, rice, pepper, cashew nuts and seafood, will find it hard to penetrate into big TPP exports such as the United States and Japan which will impose higher non-tariff barriers, said the experts.

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