The issue of labor shortage is becoming more severe as Vietnam is a member of ASEAN Economic Community (AEC) and is joining in a number of next generation free trade agreements.

Direct impacts from the CPTPP agreement would not be significant, but means a more stable and predictable environment for logistics firms in Vietnam, according to an expert.

Business sectors that could capitalize on the 100 million population will be set for strong growth, said an expert.

Vietnam is getting into a position where investment and manufacturing are becoming much easier to establish, said a Maersk executive.

Vietnam is committed to opening the financial market to foreign investors, particularly in financial services.