[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 2 sources · 24 days · First seen · Last updated

Vietnam trade engagement with CPTPP markets

Overview

Vietnamese officials have urged domestic businesses to proactively utilize the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to diversify supply chains and raw material sources. Rather than reacting to market volatility, companies are encouraged to leverage the bloc to reorganize manufacturing and export processes.

Data from the first nine months of 2026 indicates specific growth in certain sectors, notably tilapia exports, which rose 51% to $7 million within the CPTPP bloc. This growth was primarily driven by Japan and Mexico. In Japan, imports surged following the approval of Vietnamese tilapia for use in sushi and sashimi processing, a sector requiring high food safety standards. While these figures show significant percentage increases, the CPTPP currently accounts for approximately 7% of Vietnam’s total tilapia export turnover, with the United States and Brazil remaining the dominant markets.

Entities

CPTPP · Vietnam · Japan · Ngo Chung Khanh · Ministry of Industry and Trade

Timeline

  1. [BUSINESS] 2 sources
    Vietnam tilapia exports to CPTPP markets rise 51%

    Vietnam's tilapia exports to CPTPP countries rose 51% to $7 million in early 2026, led by significant growth in Japan and Mexico.

  2. [BUSINESS] 2 sources
    Vietnam urged to proactively leverage CPTPP for market and supply chain diversification

    Vietnamese businesses are urged to use the CPTPP to diversify both export markets and raw material supplies to navigate global trade shifts and supply chain restructuring.

Sources

doanhnghiephoinhap.vn · vietnamplus.vn