“We believe that TPP member countries, even the US, don’t want to waste the six years of negotiation and the large opportunities the trade deal would bring,” Vu Tien Loc, chairman of VCCI, told reporters last week.
“The TPP will certainly continue. It could be a bilateral or multilateral trade deal,” he said, adding that it, however, may come into effect at a later date than previously scheduled, which was 2018.
Vietnam has a lot of expectations from the TPP and the European Union-Vietnam Free Trade Agreement (EVFTA) as they open large markets and create significant opportunities for trade growth and for improving domestic economic institutions.
The fate of the TPP became uncertain in January after US President Donald Trump signed an executive order formally withdrawing the US from the 12-nation trade deal on his fourth day in office.
In 2016, the US was Vietnam’s largest export market, bringing in revenue of 38.5 billion USD, a 15 percent rise over the same period last year, customs statistics showed. The US has maintained this position in the first two months of 2017, with the turnover rising by 18.9 percent compared to the same period last year, to 6 billion USD.
With the TPP on shaky legs, Vietnam is now looking more towards the EVFTA, which is expected to come into force in 2018.
Vietnam should focus on three measures to grasp opportunities from the EVFTA, which include hastening the signing and approval of the EVFTA, continuing institutional reforms, and improving its competitiveness and business environment, Loc said.
The trade deal will help connect the Southeast Asian country of nearly 90 million people to the European Union (EU), which has an estimated population of 500 million. The market size would be nearly 1 billion if the ASEAN markets are included.
Vietnam’s export to the EU in the first two months of 2017 reached 5.4 billion USD, up 13.2 percent, while import from these markets rose by 24.6 percent to 1.7 billion USD.
To date, Vietnam has signed 12 bilateral and multilateral trade deals, 10 of which have already come into force. Four other Free Trade Agreements (FTAs) are under negotiation, including the Regional Comprehensive Economic Partnership, ASEAN-Hong Kong FTA, FTA with Israel and with European Free Trade Association.
Source: VNA
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
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