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Economy

Vietnam's reluctance to ratify the TPP is bad news for Washington

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Vietnam's garment industry stands to benefit from the TPP, if the trade deal ever gets off the ground.   © Reuters
KAZUKI KAGAYA, Nikkei senior staff writer | China

TOKYO Vietnam's decision to hold off ratifying the Trans-Pacific Partnership is a further blow to the beleaguered trade pact and a setback for American economic ambitions in Asia.

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