Vietnam is looking for new growth models as it moves away from the planned US-led Trans Pacific Partnership trade deal, also known as the TPP.

The move follows US President-elect Donald Trump’s statement last month, in which he expressed his intention to withdraw from what had been touted as the world’s largest free trade deal.

The TPP agreement aimed at promoting economic growth was signed in Feburary 2016 and involved twelve nations including Australia, the US and Vietnam.

Experts believed Vietnam would have been one of the nations that gained the most from the agreement.

According to news agency Voice of America, Vietnamese officials are now seeking markets such as China, Russia and the European Union for their country’s manufactured goods.

Vietnam’s economy has been dependent on the export of manufactured goods since the 1980s.

Last year, Vietnam’s economy grew 6.7 percent.

– TiVi Tuan-san