「Final report」Japanese Economy Free Trade and TPP (original) (raw)
Japan’s engagement in free trade agreements (FTAs) and the effectiveness of its official development assistance (ODA) in supporting foreign direct investment (FDI) have partly led to its standing as the third largest economy in the world. Since 2000, Japan has ranked as one of the biggest trading partner and provider of ODA and FDI to Vietnam. The purpose of this paper is to investigate the economy of Japan in terms of free trade with the implication of trade relation with Vietnam. In this context, the first part presents the overview of Japan economy and the rise of bilateral agreements between Japan and Southeast Asian countries, especially Vietnam. The following part analyzes the current partnership between Japan and Vietnam through two FTAs, namely the Japan-Vietnam Economic Partnership Agreement (VJEPA) and the Trans-Pacific Partnership (TPP), and their effects on the economic performance of both countries. The results show that the relationship between Japan and Vietnam is flourishing and on the way to achieve a comprehensive and strategic partnership.