CPTPP to widen Vietnam’s inroads to partner marketsTwo-way trade turnover between Vietnam and almost all members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have surpassed $1 billion annually. Two-way trade turnover with Japan hit $33.4 billion in 2017, and Vietnam’s trade surplus reached $250 million. Other billion-dollar partners of Vietnam are Malaysia (export turnover of $4.2 billion, import turnover of $5.86 billion), Singapore (export $2.961 billion, import $5.3 billion), Australia (export $3.3 billion, import $3.16 billion), Canada (export $2.7 billion, import $0.774 billion), Mexico ($2.34 billion, $0.567 billion), Chile ($1 billion, $0.283 billion). Vietnam’s average export and import turnover with about 200 countries and territories hit $2 billion, while average with CPTPP members was 3.5 times higher, reaching $6.7 billion. To the biggest CPTPP market, Japan, there were five export item groups reaching a turnover in excess of $1 billion.