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Production of workwear for export. With the implementation of RCEP, the export market for Việt Nam will expand, particularly to China, where Việt Nam does not currently possess any trade agreement. VNA/VNS Photo Trần Việ HÀ NỘI — Việt Nam is expected to register the highest trade and income gains among Regional Comprehensive Economic (RCEP) members, according to a World Bank (WB)’s working paper. To estimate the economic and distributional impacts of RCEP in Việt Nam, WB constructed a baseline and four alternative scenarios. The baseline reflects the business-as-usual conditions, where the tariff schedules of previous agreements, including the most...
