(VOVworld) – Vice President of the US Chamber of Commerce Tami Overby said Vietnam will benefit most among TPP member countries. In an interview with a VOV correspondent in the US after TPP negotiations concluded in Atlanta on Monday, Ms. Overby said the TPP will be a force for change in the world, particularly in its 12 member countries. She said: “TPP will do for Vietnam, as it literally will transform your country overthe next several decades. And what that means is potential investors and American companies as well will look at the TPP countries, where the most opportunities are, and I think many of them are going to choose Vietnam. And being a part of TPP will be like a stamp of approval or endorsement that  within,  operating  in  a  TPP country  means  put  more predictable rules, higher standards, and a greater certainty. Business loves to have predictability. That’s what TPP will bring. I know that many of the companies I talk to, when we talk about “Which country are you most interested in?” they always start with Vietnam.  The economic modeling all shows that Vietnam’s economy will benefit the most. TPP will  require some changes in Vietnam  but  there  will  be transition  periods or phases to give Vietnam  time and also capacity building to help Vietnam transform its economy. So I have to say I am excited about all 12 countries but I’m particularly excited about Vietnam because of what it is going to do for your country: Is it going to raise the standard of living, raise the  standard of  your  rules  and make it  more predictable business environment? So I think it’s going to be especially good for the country of Vietnam.”

Commenting on the TPP’s possible impacts on Vietnam-US trade relations, Overby said: “It’s going to have a very positive impact. American companies, on this20-year anniversary of our renewed ties, already have very warm feelingsabout  Vietnam.  But  having  Vietnam  and  TPP,  it’s  going  to  mean  toAmerican companies as they look around, they show what they shouldconsider, either new investments or expanding investments. I think beinga member of TPP is going to push Vietnam to the top of that list. I’vealready talked to many companies who are looking at Vietnam, maybethey  will  invest  in  Vietnam  now  even  before  it’s  finished  or  ratifiedthrough all of our system for the potentials that TPP will bring. So there isa lot of positive energy coming to Vietnam now already.”