This should especially benefit key export products such as garments, footwear, timber and agricultural products and provide weaker exports a chance to penetrate foreign markets of other TPP members.
Currently, Vietnamese garments imported into the US are subject to tariffs ranging from 17% to 32%. The rates will be slashed to zero as soon as the TPP comes into effect, leading many economists to believe that Vietnamese exports could see exponential growth.
Dr Vo Tri Thanh, Vice Director of the Central Institute for Economic Management (CIEM) in turn said the TPP negotiations are of critically important to Vietnam as the trade pact not only opens the doors for goods and services, but spills over and effects non-commercial issues as well.
Participating in the “huge” playground the TPP creates also means opening broader doors in the domestic market and allowing foreign companies greater access, which puts domestic businesses under mounting pressure to survive fierce competition.
Speakers at the seminar cautioned that even products now considered strong exports may weaken when faced with tougher competition.
For example, to enjoy the benefits of reduced tariffs, the garment sector must comply with strict requirements on certificate of origin (C/O). Materials for garment production must be imported from other TPP member countries or produced domestically.
Tariffs are not a barrier for seafood products, however, quarantine measures will most certainly be more burdensome and rigid, they added.
Dr Tran Du Lich said that increasing the competitiveness of domestic businesses is of prime importance. He suggested the State should create an institutional and business environment where businesses promote the highest innovativeness and creativeness to that end.
The 12 TPP member economies now account for nearly 40% of the world’s population, produce over 50% of global GDP, and include some of the fastest growing countries in the world. They are currently speeding up the negotiation process, hoping to sign the trade pact late this year or early next year.
At the seminar, experts encouraged domestic businesses to devise and implement proper strategies for improving their competitiveness to best grasp the opportunities from the expanded global marketplace created by the TPP and the challenges of increased competition it brings.
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
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