CPTPP expands billion-dollar export opportunities for Vietnamese goods in the Americas

QNgTV- Tariff incentives from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are creating a strong driving force to help Vietnamese goods penetrate deeper into the American market.

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According to the Ministry of Industry and Trade , by the end of October 2025, trade turnover between Vietnam and CPTPP countries reached 102.8 billion USD, up 20.6%; of which exports reached 58.3 billion USD, up 26%. The Canadian, Mexican and Peruvian markets recorded a breakthrough in many key product groups such as textiles, footwear, and seafood thanks to thousands of tax lines being cut to 0%.

However, the rate of Vietnamese enterprises taking advantage of CPTPP tax incentives is still low, especially in distant markets. Experts recommend that enterprises should proactively study the rules of origin and complete documents to avoid missing out on opportunities. Many small and medium enterprises still face difficulties in meeting localization requirements and controlling the supply chain.

Source: https://quangngaitv.vn/cptpp-mo-rong-co-hoi-xuat-khau-ty-do-cho-hang-viet-tai-chau-my-6511054.html