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  • 47k03.1 B2 Infographic

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    Le Hai Anh
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    The document analyzes the potential impacts of TPP and AEC agreements on Vietnam's economy and livestock sector. It finds that Vietnam is projected to see the largest increase in GDP and investment compared to other countries. While trade with TPP countries is expected to increase, Vietnam may increase imports and slightly decrease exports with non-TPP members. The livestock sector faces challenges competing with imported meat products, which could cause domestic production and exports to shrink. However, consumers and importers are likely to benefit from greater access to cheaper goods.

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    The document analyzes the potential impacts of TPP and AEC agreements on Vietnam's economy and livestock sector. It finds that Vietnam is projected to see the largest increase in GDP and investment compared to other countries. While trade with TPP countries is expected to increase, Vietnam may increase imports and slightly decrease exports with non-TPP members. The livestock sector faces challenges competing with imported meat products, which could cause domestic production and exports to shrink. However, consumers and importers are likely to benefit from greater access to cheaper goods.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    1 views13 pages

    47k03.1 B2 Infographic

    Uploaded by

    Le Hai Anh
    The document analyzes the potential impacts of TPP and AEC agreements on Vietnam's economy and livestock sector. It finds that Vietnam is projected to see the largest increase in GDP and investment compared to other countries. While trade with TPP countries is expected to increase, Vietnam may increase imports and slightly decrease exports with non-TPP members. The livestock sector faces challenges competing with imported meat products, which could cause domestic production and exports to shrink. However, consumers and importers are likely to benefit from greater access to cheaper goods.

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    © All Rights Reserved
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    of 13

    Terminology

    Trans-Pacific Strategic
    TPP Economic Partnership
    Agreement

    The ASEAN Economic


    AEC Community

    ASEAN Political Security


    APSC Community
    IMPACTS OF TPP AND AEC ON VIET NAM'S ECONOMY
    Viet Nam's increase in real GDP stands out in percent change

    VietNam 2.11%

    Thailand 0.58%

    US 0.03%

    2.86 Billion USD

    Scenario a + 7% reduction in non-tariff barriers for all countries/regions


    IMPACTS OF TPP AND AEC ON VIET NAM'S ECONOMY
    The increase in investment in Viet Nam is the most outstanding

    VietNam29.81%

    Thailand -0.11%

    Malaysia 6.27%

    12.63 Billion USD

    Scenario a + 7% reduction in non-tariff barriers for all countries/regions


    IMPACTS OF TPP AND AEC ON VIET NAM'S ECONOMY
    Change in import volume to Viet Nam is notably large in terms
    of percent change
    VietNam 12.21%

    Thailand 0.25%

    Malaysia 3.73%

    14.83 Billion USD

    Scenario a + 7% reduction in non-tariff barriers for all countries/regions


    IMPACTS OF TPP AND AEC ON VIET NAM'S ECONOMY

    Viet Nam shows negative export volume changes

    VietNam-3.15%

    Thailand 0.63%

    Malaysia 1.82%

    -3.06 Billion USD

    Scenario a + 7% reduction in non-tariff barriers for all countries/regions


    IMPACTS OF TPP AND AEC ON VIET NAM'S ECONOMY

    Changes in Wage Rates (%)

    Unskilled Labor 12.4%

    Skilled Labor 14.3%

    Scenario a + 7% reduction in non-tariff barriers (NTBs) for the TPPpartner countries


    Sectoral output change in Viet Nam

    Scenario a + 7% reduction in NTBs for all countries/regions


    Tariff Revenue Reduction in Viet Nam

    Tariff removal for TPP and AEC countries + 7% reduction in NTBs for all countries/regions
    CHARACTERISTIC OF VIET NAM'S LIVESTOCK SECTOR
    Meat consumption of Viet Nam

    Total meat consumption


    of Viet Nam in 2014 is
    Pork
    40% 2,074 thousand
    estimated at 3,034
    thousand tons tons

    Beef Chicken
    296 thousand 20% 30% 703 thousand
    tons tons

    2014 figures
    THE IMPACTS OF TPP AND AEC ON VIET NAM'S
    LIVESTOCK SECTOR
    Change in trade
    PRICE flows between MEAT
    Consumers/importers will countries Frozen meat will be
    more widely
    have access to cheaper Viet Nam reduces accepted, domestic
    products, while its import of milk production will
    producers/exporters which powder and dairy face more
    largely affected for not products from the difficulties in
    being able to compete US and shifts to competing with
    with the influx of products import from New meat products
    from other countries Zealand from TPP countries.
    CONCLUSIONS for the economy as the whole

    GDP INVESTMENT
    Viet Nam is shown to be
    01 Vietnam's investment
    the member achieving the growth is the most
    largest GDP change in impressive among the
    percentage term
    02 countries

    TRADE
    03
    Trade with TPP countries IMPACT
    increases; With non-TPP
    countries, Vietnam tends 04 The impact from AEC is
    to increase imports and only small while the impact
    slightly decrease exports of TPP on the economy is
    many times larger
    CONCLUSIONS for Viet Nam's livestock sector
    Characteristics IMPACT
    Small production, import
    dependence, epidemics, 01 Domestic production tends
    environmental pollution and low to shrink due to
    food hygiene and safety, loose competition from TPP
    linkages => low productivity, 02 countries, especially in the
    weak competitiveness, meat industry
    commercial advantages

    03
    TRADE IMPACT
    Vietnam's trade with TPP Consumers/importers will
    countries increased. 04 benefit, while
    Meanwhile, for non-TPP producers/exporters will
    countries, Vietnam tends mostly suffer because they
    to increase imports and cannot compete with
    slightly reduce export products from abroad

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