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Vietnam Holding's says RCEP trade agreement 'accelerates Vietnam's growth story'

Published: 12:46 19 Nov 2020 GMT

VietNam Holding Limited's (LON:VNH) Craig Martin talks to Proactive London's Katie Pilbeam about The Regional Comprehensive Economic Partnership, or RCEP, which involves Vietnam. 15 Asia-Pacific nations are involved in what is one of the biggest trade deals in history.

Martin believes RCEP could add 1% to the Vietnamese economy over the few years, with the economy already on an upwards trajectory.

This trade agreement takes most of the existing agreements signed by the 10 members of the Association of Southeast Asian Nations — including Cambodia, Indonesia and Vietnam — and combines them into a single multilateral pact with Australia, China, Japan, New Zealand and South Korea.

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