Hanoi (VNA), Feb. 20 -- Vietnam should improve structural reforms and businesses' competitiveness to efficiently implement the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), heard a conference held by the Central Institute for Economic Management (CIEM) in Hanoi on February 19.

CIEM Director Tran Thi Hong Minh said the CPTPP, which took effect in early 2019, is expected to create new impetus for trade and investment development and boost economic reform in Vietnam.

However, Minh said efficiency in implementing CPTPP and competence in taking advantage of opportunities provided by the trade deal was heavily dependent on institutional capacities, the competitiveness and domestic firms' ability to adapt.

According to Nguy...