RCEP gives extra leverage to post-pandemic economic recovery
The Regional Comprehensive Economic Partnership (RCEP), which came into force as of January 1, is expected to provide a fresh impetus to enhancing trade activities and boosting economic recovery in the post-pandemic period.The deal was signed between 10 members of the bloc and five partners ...
Vietnam inks world’s largest trade pact RCEP
The Regional Comprehensive Economic Partnership (RCEP) was signed Sunday by leaders of 15 Asia Pacific countries that make up 29 percent of global GDP. The pact was signed online by leaders of 10 ASEAN member states as well as Australia, China, Japan, New Zealand and ...
Phuong Anh, Hong Chau
Rice industry must diversify products: experts
Despite having great potential, Vietnamese rice-based products remain rudimentary and unpolished, severely hampering their ability to compete on the global market, according to industry experts.According to the Department of Agro-Processing and Market Development under the Ministry of Agriculture and Rural Development (MARD), Vietnam’s exports of ...
Rice exports set to skyrocket, renewable energy in high demand: trade minister
Việt Nam may take a global lead in rice exports for the year 2020, said Minister of Industry and Trade Trần Tuấn Anh in a report to the National Assembly on Monday (15/6).Speaking to the NA, the minister said as countries were trying to raise ...
Vietnam ratifies EU free trade agreement
The National Assembly has ratified the EU-Vietnam Free Trade Agreement, which will cut or eliminate 99 percent of tariffs on goods traded between the two sides.The legislature on Monday also approved the EU-Vietnam Investment Protection Agreement. Up to 94.62 percent of lawmakers voted in favor ...
Anh Minh
Decisive reforms needed for Vietnam to get full EVFTA benefits: WB
Vietnam needs to fill major legal gaps and address key implementation issues to reap the full benefits of the European Union Vietnam Free Trade Agreement (EVFTA) to be ratified by Vietnam’s National Assembly in May, according to a new World Bank report.The report cites the ...
EU-Vietnam: Council gives final green light to free trade agreement
The European Council on March 30 adopted a decision on the conclusion of a free trade agreement (FTA) between the EU and Vietnam. This decision clears the path, on the EU side, for the entry into force of the agreement.Once the Vietnamese National Assembly also ...
Việt Nam to have trade defence early warning system by 2025
Việt Nam plans to develop an early warning system for trade defence by 2025, aiming to promote sustainable exports. The goal was approved by Prime Minister Nguyễn Xuân Phúc on Sunday (8/3).Accordingly, by 2025, an information technology infrastructure system, analysis software and an e-portal would ...
EVFTA offers market gap for national agricultural sector
With the country poised to enjoy immediate tariff cuts right after the Vietnam-EU Free Trade Agreement (EVFTA) comes into effect, especially with regard to tariff reduction on agricultural processed products, there will be plenty of opportunities for local goods to enjoy competitive prices whilst exporting ...
Priorities for ASEAN economic pillar unveiled
As ASEAN Chair for 2020, Vietnam will introduce initiatives and priorities to boost regional connectivity and make ASEAN one the world’s leading economic growth regions.This year ASEAN countries will devise a mid-term Master Plan for building the ASEAN Community until 2025; develop an ASEAN Master ...
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