ITRAK Q4 2015 - TPP in Vietnam

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i How is the TPP known and perceived by Vietnamese ? TRAK Quarterly Article by Indochina Research Ltd. Q4 2015 Indochina Research Ltd (IRL Vietnam) has conducted a survey among 600 people in Hanoi and Ho Chi Minh City aged 15 to 64 years old, from October 22nd to November 3rd 2015. Awareness about the TPP 28% have spontaneously named the TPP as major international agreement signed by Vietnam Although the information has been widely covered by the press, only 28% of overall respondents could spontaneously name the TPP agreement as being signed in the previous month. The ratio is lower in Hanoi with 22% while in HCM city 35% could name the Agreement. The awareness level increases in correlation with the Household Income (HI), with 40% of respondents with HI higher than 15 million/month knew about it. Low overall spontaneous awareness The TPP is considered highly positive for Vietnam Despite the low awareness, when explained about the general content of the agreement, 71% of the population consider the TPP a positive agreement for Vietnam. The professionally active respondents are the one who consider the TPP to be a positive move for Vietnam the most. The TPP is considered positive for Vietnam by 3/4 of Active professionals 22% awareness among respondents in HCM city 35% awareness among respondents in Hanoi

Transcript of ITRAK Q4 2015 - TPP in Vietnam

Page 1: ITRAK Q4 2015 - TPP in Vietnam

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How is the TPP known andperceived by Vietnamese ?

TRAKQuarterly Article by Indochina Research Ltd.Q4 2015

Indochina Research Ltd (IRL Vietnam) has conducted a survey among 600 people in Hanoi andHo Chi Minh City aged 15 to 64 years old, from October 22nd to November 3rd 2015.

Awareness about the TPP

28% have spontaneously named theTPP as major internationalagreement signed by Vietnam

Although the information has been widelycovered by the press, only 28% of overallrespondents could spontaneously name theTPP agreement as being signed in theprevious month. The ratio is lower in Hanoiwith 22% while in HCM city 35% could namethe Agreement. The awareness levelincreases in correlation with the HouseholdIncome (HI), with 40% of respondents withHI higher than 15 million/month knew aboutit.

Low overall spontaneousawareness

The TPP is considered highlypositive for VietnamDespite the low awareness, when explainedabout the general content of the agreement,71% of the population consider the TPP apositive agreement for Vietnam.

The professionally active respondents are theone who consider the TPP to be a positivemove for Vietnam the most.

The TPP is considered positive for Vietnamby 3/4 of Active professionals

22%

awareness among respondentsin HCM city35%awareness among respondentsin Hanoi

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What country benefits the most from the TPP ?

In a nutshell...The TPP is considered by many "The Trade deal of the 21st century" as bringing togetherdeveloped and developing countries representing about 30% of the Global GDP.

Not only TPP will improve Trade of goods and services among members but it is alsoanticipated a strong wave of FDI to Vietnam by TPP and non-TPP members.

With such positive public opinion on the TPP, Vietnam should move forward on the officialratification process. Additionally, information and assistance is required for individualentrepreneur and companies to understand more and adapt for this new step in Vietnam'seconomic integration process.

Among the 12 countries participating to the TPP, Vietnam, the USA and Japan are the 3countries considered to benefit the most from the agreement.

Vietnam gets the highest ranking with 66% of respondents considering it to be thecountry that will benefit the most from the TPP.

Specializing in Vietnam, Cambodia and Laos, Indochina Research delivers high qualityMarket Research of international standards, with knowledge about what consumers and

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Countries considered to benefit the most from the TPP