Join the FTA in General and Vietnam in particular had to RCEP must quickly lower the import tax for the economy have committed, of which China is the principal competitive economy rather than less supplement. Next to the "being" of the opening, such as attracting foreign investment, promoting comparative advantage to increase exports, the economy of our country also face the huge challenge when the entire economy is not yet fully prepared before the competition in terms of the protection fence was soon removed. Here's what the experts warn, is that the concept of "trade liberalization traps" to risk only after the market opening, the water will no longer many opportunities for restructuring towards industrialization.So, in the context of deeper integration and the FTA negotiations are still taking place, including the RCEP, Vietnam needs to take advantage of the opportunities and overcome challenges in order to promote trade investment, focused on importing advanced technology to restructure the economy, transforming the growth pattern to become a knowledge economy and environmental friendliness
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