TPP Agreement: Google, Gm, etc suggest America to be more flexible in negotiating with Vietnam

Many large American Corporations such as: Google, General Motor, American Eagle show the strong support to Vietnam, specifically that America should be more flexible in negotiating  TTP Agreement with Vietnam.

During the visit in America on 16^th September, Vice President of Vietnam, Mr Vu Van Ninh met Representatives of more than 30 large enterprises in America, US-Asean Association Business Council (USABC) and American Chamber of Commerce in Vietnam (Amcham)

Vice Chairman of Amcham, in charge of Asia region, Mrs Overby said that the agreement of TPP is really important and meaningful to all participating parties and she also emphasized that all participants have to sacrifice small part of their benefit, but they can get much more return after being members of TPP.  

Vietnamese Representative added that the gap of developing level between participants is significant,while joining requirements are quite intensive. Therefore, to participate and implement TPP Agreement, Vietnam needs a period of time to prepare resources, knowledge to meet those requirements of wide opening market like TPP.

In addition, Vice President also suggested that America should ease those standards of participating TPP particularly with Vietnam. And then, Vietnam also have to make strong promise of contribution after become a member.

The most difficult and challenging discussion is about Intellectual owner, and Electronic commerce which are still very new and are developing in Vietnam.

Many large American Corporations such as: Google, General Motor, American Eagle show the strong support to the point that America should be more flexible in negotiating  TTP Agreement with Vietnam, especially about textiles and footwear products.

On the other side, the Enterprises also comment about the processing of negotiating TPP and give some suggestions aiming to speed up the negotiation progress.

Vice President, Vu Van Ninh gave high appreciation with the sharing of American Enterprise Community and promised to continue favoring for foreign Investment in general and American one in specific.

(Ref: cafef.vn)