Vietnam is a familiar country to the USA. It has been a negotiating member of the TPP since November 2008,

Vietnam needs no introduction.  It's recent history and that of the USA is well known to most Americans. It currently is a communist state. It's correct name is Socialist Republican of Vietnam. There is no north and south anymore. Some of the recent struggles of Vietnam involves international fishing borders. There is a strong disagreement with China in regard to China's impingement on it's water boundaries.

Vietnam is ranked 126 by the IMF and the World Bank. 

It's overall GDP is $171.4 billion within a population of 89.71 million citizens. The per capita GDP is $1740.00. That income is considered Lower Middle Class. That is pretty scarey considering the damage the USA did to the country for nearly two decades. There is a poverty rate of 17.2 percent.

Life expectancy in Vietnam is 76 years old. Vietnam loves it's children with a school enrollment of 105 percent. The five percent being immigrants. 

Vietnam has a carbon footprint of 1.7 metric tons per capita.

Since 2012, Vietnam’s has been reporting trade trade surpluses more frequently as exports growth have been stronger than imports. In recent years, the biggest trade deficits were recorded with China, Korea, Taiwan, Singapore and Thailand. Vietnam records trade surpluses with the United States, Hong Kong, United Kingdom, Cambodia and United Arab Emirates. This page provides - Vietnam Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Vietnam Balance of Trade - was last refreshed on Monday, May 11, 2015.

There are probably marginal jobs created at NIKE in the USA.

May 9, 2015
By Panos Mourdoukoutas

Disclosure: I own shares of NKE

Let me be clear from the beginning. (click here) I agree, in principle, with President Obama that the new Trans-Pacific Partnership (TPP) he is promoting will be beneficial for the American economy, and the economies participating in it.

In theory, trade accords remove market barriers and foster economic growth and new job opportunities, as they help market participants allocate their resources efficiently and effectively.

But in practice, trade accords have winners and losers. That’s why they are so politicized.

So there is one thing hard to understand: how removing US tariffs of footwear and apparel made in Vietnam will induce producers of such products as Nike Inc (NYSE:NKE) to make them here rather than there....