06 Oct 2023
This paper provides an in-depth analysis of Vietnam’s economic development and its potentialparticipation in the Indo-Pacific Economic Framework for Prosperity (IPEF). Vietnam is an emergingeconomy in the Indo-Pacific, actively engaged in trade agreements and regional economicintegration. Led by the United States (US), the IPEF aims to foster a connected, clean, fair, andresilient economy in the region, aligning with Vietnam’s long-term economic policies. Participationin the IPEF offers promising prospects for addressing critical issues like supply chain diversification,technology innovation, climate change mitigation, and green development. Vietnam’s active rolein the Association of Southeast Asian Nations (ASEAN) enhances its leadership and influence inthe region. The paper highlights potential benefits for Vietnam’s resilient and clean economy, butchallenges like low localisation rates and resource limitations need attention. Vietnam’s participationin the IPEF can offer support for improving competitiveness and achieving sustainability goals.Overall, the paper provides insights into Vietnam’s economic strengths, challenges, and thepotential benefits of joining the IPEF for sustainable and inclusive economic growth.
Author: Linh H. Dang and Linh T. T. Tran
著者 Linh H. Dang and Linh T. T. Tran
Editors: Amitendu Palit, Ramita Iyer
編者 Amitendu Palit, Ramita Iyer
Project Lead: Cristita Perez
プロジェクト担当 Cristita Perez