Public-Private Dialogue Aims to Unlock CPTPP's Full Potential for Vietnam

Since taking effect, the CPTPP has significantly expanded Vietnam's access to major markets across North America, the EU, and the Asia-Pacific, contributing to strong export growth in key sectors such as textiles and garments, footwear, and agricultural, forestry and fishery products. The agreement has also encouraged greater investment into Vietnam by promoting regional production networks and clearer rules of origin. SOM3 has brought together senior representatives from Canada, Vietnam, Japan, Singapore and the European Union (EU) to discuss practical pathways for strengthening regulatory cooperation, enhancing digital trade interoperability, improving supply chain resilience and promoting investment. Vietnam, as the 2026 CPTPP Chair, hosted the online CPTPP ministerial meeting and the 10th meeting of the CPTPP Commission on June 26, reported the Ministry of Industry and Trade. Khanh Hoa has positioned itself as the renewable energy industrial and service hub for the south-central and southern regions. Its economic development strategy identifies four key growth drivers, all built on the foundation of the marine economy. Türkiye’s target of lifting total exports of goods and services to more than 400 billion USD in 2026 could create additional opportunities for Vietnamese agricultural products, food and beverages, said Ta Manh Cuong, director of the Trade and Investment Promotion Support Centre. Diederik Van Wersch, Chainalysis' ASEAN Regional Director, noted that Vietnam has a high level of crypto asset adoption, offering significant opportunities for innovation while creating greater demands for oversight and risk management. Customs data showed Vietnam exported 1.7 million tonnes of fertiliser worth 933 million USD in the six-month period, marking year-on-year increases of 52% in volume and 107% in value. One of the most notable successes is the premium Hoa Phuong Do (Flamboyant Flower) train operating between Hanoi and Hai Phong city. Since entering service in May 2025, the train has completed nearly 3,000 trips and carried around 1.33 million passengers. Paul Geaney, President and Chief Commercial Officer of Avolon, noted that among the region’s top 10 aviation markets, Vietnam recorded the fastest growth over the past decade, with a remarkable increase of 121%, which he described as extraordinary. The State Bank of Vietnam set the daily reference exchange rate at 25,260 VND/USD on July 22, unchanged from the previous day. The campaign aims to enhance public awareness, increase patrols and inspections, and prevent illegal fishing activities, while protecting marine resources and ensuring that no local fishing vessels violate foreign waters. After August 19, Lien Khuong is expected to handle an average of 36–40 flights and around 6,800 passengers per day, nearly 1,000 more than before its temporary closure for repair and upgrade since March. A Czech diplomat described the arrival of the first container as the successful outcome of a long and complex market-opening process involving years of negotiations, regulatory approvals and close cooperation between Czech and Vietnamese authorities. In a recently released report, Vu Binh Minh, CFA, Associate Director, FX Trading, Markets and Securities Services at HSBC Vietnam, said Vietnam’s economy has built a relatively favourable position in the first six months of the year with GDP expanding 8.18% – the highest first-half growth rate in recent years – as key growth drivers have operated in tandem. QTSC and the Singapore Semiconductor Industry Association (SSIA) signed a memorandum of understanding (MoU) to connect Vietnam's semiconductor ecosystem with Singapore's semiconductor business network and the wider region. In the new energy economy, value will increasingly come not only from underground resources but also from technology, data, infrastructure, operational capabilities and supply chain connectivity. Tan Mingming, Deputy Director of the Foreign Affairs Office of the Dezhou Municipal People’s Government, told Vietnam News Agency reporters that the city has spent years deliberately tightening its links with the Association of Southeast Asian Nations (ASEAN), with Vietnam seen as a key partner. As Hanoi continues to strengthen its semiconductor ecosystem, the city is creating a new growth driver for both the capital and the country, enhancing Vietnam's technological capabilities and paving the way for deeper integration into the global semiconductor value chain. Thang spoke highly of Central Retail’s contributions to trade promotion programmes and efforts to connect Vietnamese goods with consumers, and urged the group to continue developing new initiatives to promote and build brands for Vietnam’s key products. Against a backdrop of persistent uncertainty in global commerce, the Government is implementing a broad range of measures to strengthen export growth during the remainder of the year. These include expanding overseas markets through economic diplomacy, maximising the benefits of free trade agreements (FTAs), streamlining administrative procedures, reducing logistics costs, improving access to credit and helping businesses overcome trade barriers. Authorities are also encouraging deeper processing, official cross-border exports and greater market diversification to improve the competitiveness of Vietnamese products. The continued choice of Vietnam by global buyers as a sourcing destination reflects the country’s growing position in international supply chains. At 8:25, both Vietcombank and BIDV listed the buying rate at 26,110 VND/USD, and the selling rate at 26,490 VND/USD. Under Decree No. 263/2026/ND-CP, qualified projects are given priority to participate in State support programmes as well as funds and policies on research and development, technological innovation, technology transfer, human resource training, investment promotion and trade promotion. Copyright, VietnamPlus, Vietnam News Agency (VNA) Editor-in-chief, Mr. Tran Tien Duan.