Attending the conference was Mr. Ayumi Konishi, Coordinator, Senior Advisor of the Institute for Industry and Trade Strategy and Policy Research (VIOIT), Senior Advisor to the Executive Director - Center for Multilateral Cooperation in Finance. Development (MCDF); Mr. Nguyen Van Hoi, Director of the Institute of Industry and Trade Strategy and Policy Research; Mr. Tran Hoan, Principal Specialist, Department of Financial Planning, Ministry of Industry and Trade; Mr. Nguyen Thuc, WTO and FTAs Consultation Center - VIOIT; Representatives of Departments and Departments of the Ministry of Industry and Trade; Institute leaders, leaders of functional units of the Institute, speakers and scientists of the Institute.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect from January 14, 2019. Along with the Vietnam - European Union Free Trade Agreement (EV-FTA) took effect From August 1, 2020, CPTPP is one of the most important trade agreements that Vietnam participates in and has now been implemented for 4 and a half years. During this period, we have witnessed a number of important developments: (i) the global pandemic and supply chain disruptions forced businesses to diversify their supply chains; (ii) the signing of the Regional Comprehensive Economic Partnership (RCEP) on 15 November 2020 and the UK's confirmation to join the CPTPP on 31 March 2023; (iii) growing concern about climate change and its impact on trade and (iv) worsening geopolitical tensions, partly caused by the war in Ukraine.

Since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect, Vietnam's export activities to the markets of member countries of the Agreement have had impressive growth.

As a new generation free trade agreement (FTA), CPTPP includes 11 member countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam. With the size of the market, it can be said that joining the CPTPP Agreement has opened a large export market for Vietnam. This is also a good opportunity for Vietnamese businesses to participate more deeply in the regional and global supply chain.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has proven to be a game changer for Vietnamese businesses since its implementation. In just three years, Vietnam has witnessed a significant increase in import-export turnover, showing the agility and responsiveness of Vietnamese businesses in tapping into this new market area.

For Vietnamese businesses, this is an opportunity to enhance competitiveness, improve the quality of goods and services and develop the economy's production capacity to catch up with world development trends. thereby participating more effectively in the global supply chain.

Another important part is helping Vietnam accelerate domestic institutional reform to operate the market economy in a comprehensive and thorough manner, creating an open and transparent investment and business environment. Because when participating, Vietnam will have to make clearer commitments in improving the investment environment and protecting intellectual property rights.

After the shock of the Covid-19 epidemic, export figures to the markets of member countries of the CPTPP Agreement in 2021 and 2022 show that businesses in the industry have seized the opportunities that this agreement brings. to promote export growth.

According to statistics from the General Department of Customs, there are about 50 thousand small and medium-sized enterprises participating in the export process to the markets of CPTPP countries, which are growing very actively. This shows that CPTPP has supported and encouraged the small and medium-sized enterprise sector to participate in exporting to this potential market as well as confidently enter the large international playing field. And more importantly, Vietnamese small and medium-sized enterprises are capable of overcoming and meeting the high and strict standards of the CPTPP market when participating in this international playground. Besides the advantages that the CPTPP Agreement brings, challenges are inevitable during the implementation process in Vietnam.

Discussing at the Conference, delegates said that the CPTPP Agreement has a large trade redirection impact and participating in this agreement can help Vietnam diversify export markets, thereby promoting growth. many domestic manufacturing industries. Among them, textiles, garments and footwear are said to be the industries that will benefit the most in terms of increasing production scale as well as export value. But for CPTPP to be more effective, we need new and stronger solutions. In particular, it is necessary to information and communicate about CPTPP in depth, according to industries, fields and key markets.

In addition, it is necessary to improve the competitiveness of medium, small and micro enterprises, and promote investment in the production of raw materials and auxiliary materials that meet rules of origin. Proactively explore preferential opportunities, improve competitiveness and more importantly, businesses need to change their business thinking in the new context, using competitive pressure as the driving force to innovate and develop. .

Speakers also said that industrial policies must encourage all economic sectors to participate in developing industrial production according to the socialist-oriented market mechanism; Encourage the formation and development of small and medium-sized enterprises, promote the comparative advantages of industries, create specialization and cooperation in industrial production, and enhance competitiveness. of industry in the international market. Harmoniously combining industrial development in both breadth and depth, focusing on in-depth development, creating a breakthrough in improving productivity, quality, and competitiveness of industrial products.

Through the discussion program, the conference organizing committee has compiled recommendations and suggestions from the presentations, as well as the opinions of the delegates. At the same time, opinions and recommendations of experts and scientists are synthesized as a basis for proposing recommendations and solutions in the industrial and trade development strategy in the coming time.

Minh Toan