With the collapse of TPP, the textile & garment industry will have to revise its investment and development strategy.
Vietnam is ready to work with the Republic of Korea (RoK) to effectively implement the bilateral free trade agreement (FTA), boosting their trade to US$70 billion, even US$100 billion, by 2020.
The US’s withdrawal from the Trans-Pacific Partnership may make certain impacts on Vietnam’s short-term plans but will not affect the country’s long-term goals and integration direction, according to Deputy Minister of Industry and Trade Do Thang Hai.
VOV.VN - A delegation of governmental officials and business leaders from the Republic of Korea (ROK) are visiting with their counterparts in Danang in a push for a greater share of business with Vietnam.
Trade officials from the eleven remaining members of the TPP will hold discussions in the coming weeks and ministers will meet again in May in Vietnam to continue debate over the TPP.
To a certain extent the advantages held by Vietnam vary according to sector, but some of the main advantages perceived by foreign investors include the fact that the country is considered to have a stable political system while there are uncertainties in neighbors such as Thailand and Malaysia.
Greece’s Ambassador to Vietnam Nicolas Kanellos said in his meeting with the Chairman of Hanoi People’s Committee Nguyen Duc Chung on March 13 that the time is ripe for Hanoi and Athens to boost economic, cultural and tourism cooperation.
VOV.VN - The resumption of ASEAN-EU free trade talks was announced on March 10 at a press conference in Manilla on the sidelines of the 15th ASEAN Economic Ministers-EU Trade Commissioner Consultations.
The European Union (EU) and the Association of Southeast Asian Nations (ASEAN) announced on March 10 that they will strive to resume negotiations on a free trade agreement (FTA) between the two blocs, as European countries look to tap the region's strong growth.
Deputy Foreign Minister Nguyen Quoc Dung has made a working visit to the EU from March 4-10, aiming to boost Vietnam – EU ties via lobbying for the early signing and ratification of the EU-Vietnam Free Trade Agreement.
The Vietnam Leather and Footwear Association (Lefaso) will run a leather and footwear promotion conference focusing on improving business and export capability for enterprises on March 15 in HCM City.
Integration has brought about practical benefits for businesses and people while promoting the adaptation of domestic regulations to international standards, Deputy Prime Minister and Foreign Minister Pham Binh Minh has said.
VOV.VN - The European Chamber of Commerce and the Vietnam Chamber of Commerce and Industry (VCCI) have jointly hosted the EU-Vietnam Economic Cooperation Conference “Eurocham Whitebook 2017 Launch and EU-Vietnam FTA Outlook”.
As part of the first APEC Senior Officials Meeting (SOM1) and related meetings, the SOM Steering Committee on Economic and Technical Cooperation (SCE) – Committee of the Whole (COW) convened its meeting in Nha Trang city, south central province of Khanh Hoa, on February 28.
Increasing constructive dialogue between the EU and Vietnam is the aim of the visit from February 21-23 of a delegation from the Subcommittee on Human Rights of the European Parliament’s Committee on Foreign Affairs, said Chair of the subcommittee Pier Antonio Panzeri.
VOV.VN - President Tran Dai Quang has reiterated Vietnam's recognition of high importance on reinforcing the comprehensive strategic partnership with Russia on the basis of close-knit friendship.
Projects by companies from other APEC countries not only have big scales but also make sizeable contributions to Vietnam’s socioeconomic development. FDI from these countries is still continuing to flow into Vietnam.
Vietnam’s hopes for a FTA-driven economic rise within ASEAN must now rely on the only free trade agreement seen as realistically achievable, the EU-Vietnam FTA, experts said at a conference held on February 16 in Ho Chi Minh City.
Over 60% of Japanese firms in Vietnam have plans to expand their business, according to Atsusuke Kawada, head of the Hanoi office of the Japan External Trade Organisation (JETRO).
After the Tet (the Lunar New Year) break, employees of Intimex Group Joint Stock Company are scrambling to fulfill export orders.