RCEP is a free trade agreement between the ten ASEAN member countries and six partners of Australia, China, India, Japan, New Zealand and the Republic of Korea.
Compared to other deals, the RCEP has broader and deeper liberalisation commitments in the trade of goods, services and investment.
RCEP members make up 24 percent of global GDP and 28 percent of global trade, therefore, the deal is hoped to greatly benefit members, especially less developed countries.
According to experts, poor countries will enjoy more benefits from agreements with a high level of integration.
With less developed economies than others in RCEP, Vietnam and Cambodia are likely to benefit the most from the deal.
For Vietnam, RCEP is hoped to positively influence exports, investment attraction and economic growth.
To make full use of the deal, experts advise the Government to take stronger actions to reform institutions and improve the investment environment to ensure equality for all economic sectors.
It is also necessary to strengthen communications to help enterprises overcome challenges and choose good investments.
Meanwhile, they noted that production networks and value chains within the RCEP mostly depend on foreign-invested sectors and economic groups from large countries such as European countries, the US and Japan. Therefore, Vietnamese businesses should thoroughly understand partners dominating the chains to ensure success.
According to the World Trade Organization Centre under the Vietnam Chamber of Commerce and Industry, the 17th negotiation round of the RCEP took place in Kobe, Japan from late February to early March this year. Negotiations on the deal are projected to wrap up in November.
(Source: VNA)
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(seafood.vasep.com.vn) Vietnam’s tilapia exports in April 2026 reached USD 11 million, up 92% compared to the same period in 2025. This strong growth indicates that Vietnamese tilapia products are continuing to penetrate and expand rapidly in international markets. Cumulative export turnover in the first four months of 2026 reached USD 49 million, up 151% year-on-year.
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(vasep.com.vn) In the first quarter of 2026, Vietnam’s pangasius exports to the ASEAN bloc reached USD 44 million, up 7% compared to the same period in 2025. After falling to the lowest level of the quarter at USD 9 million in February — reflecting the seasonal slowdown in orders after the festive period — exports recovered strongly to USD 18 million in March, the highest monthly value of the quarter. This development shows that import demand for pangasius in ASEAN remains relatively stable despite short-term fluctuations.
(seafood.vasep.com.vn) On May 11, 2026, the US National Oceanic and Atmospheric Administration (NOAA) announced a positive comparability finding for Vietnam’s swimming crab fisheries, along with those of Indonesia and Sri Lanka, under the Marine Mammal Protection Act (MMPA). With this decision, seafood and seafood products harvested from Vietnam’s swimming crab fisheries will continue to be eligible for import into the US market.
(seafood.vasep.com.vn) After a slowdown in 2025, Vietnam’s tuna exports to Germany showed more positive signs in the first quarter of 2026. However, the recovery remains uncertain as consumer demand in Germany is still cautious, while market competition is increasingly driven by pricing and supply stability.
(seafood.vasep.com.vn) After a sharp decline in 2025, Vietnam’s tuna exports to Israel are showing positive signs of recovery in the early months of 2026. According to Vietnam Customs data, export turnover to this market grew steadily month by month in Q1/2026, reaching nearly USD 10 million, up 33% compared to the same period in 2025. However, compared to Q1/2024, this level remains significantly lower, indicating that the recovery is still in its early stage following last year’s strong adjustment.
(seafood.vasep.com.vn) Entering 2026, the U.S. whitefish market has shown complex developments as global cod supply continues to tighten, while the U.S. trade environment becomes less stable. In this context, the U.S. market has had to become more flexible in sourcing alternative whitefish. However, relying heavily on Alaska pollock is not a long-term solution, as it is a strictly managed fishery with quotas and sustainability regulations, limiting any rapid increase in output to offset cod shortages.
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