Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable. The PM was chairing the Government’s monthly meeting in Hanoi on July 31 to [...]
The free trade agreement (FTA) between India and the 10-member ASEAN needs to be upgraded and expanded for the pact to deliver desired results, Vietnamese Ambassador to India Ton Sinh Thanh has said. “The India-ASEAN FTA has not led to as much expansion in trade between the two countries. There [...]
Sixteen economies, including Japan, China and 10 members of the Association of Southeast Asian Nations, concluded negotiations in two more areas covered by the envisaged Regional Comprehensive Economic Partnership free trade agreement. Negotiators from the Asia-Oceania countries struck deals on customs procedures and trade facilitation and on government procurement during [...]
Although the US is deemed a promising market for exporters, it also sets very strict import regulations. For this reason, Vietnamese enterprises are urged to improve their capacity and shake hands with others to develop supply chains to make inroads into this market. In the first half of 2018, the [...]
Chief negotiators from the 11 signatories to the Trans-Pacific Partnership gathered Wednesday in Hakone, Kanagawa Prefecture, to check on their progress with domestic procedures to ratify the pact, amid fears of a trade war. During talks through Thursday, negotiators will also discuss how to welcome other countries seeking to join [...]
Japan’s Foreign Ministry framed the move as “a powerful message from Japan to the world.” Japan has become the second country to formally lodge a notification that it has completed the domestic procedures for the Trans-Pacific Partnership-11 agreement (officially known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership). Tokyo [...]
TOKYO — Trade negotiators from the 11 Trans-Pacific Partnership countries will gather in Japan from July 17 to July 19 to hammer out procedures for accepting new members into the bloc, among them Thailand, Indonesia and possibly the U.K. The TPP-11, as it is known, will significantly change the region’s trade dynamic, despite the absence [...]
Japan became the second country to ratify the revised Trans-Pacific Partnership (TPP) trade deal on Friday (July 6), the same day the United States imposed the first round of prohibitive tariffs on some Chinese goods in a move many fear will lead to a drawn-out trade war. The 11-nation revised [...]
Little wonder that the political, trade and economic relationship between the Hindu tiger fed on a vegetarian diet and the American eagle that had long transformed into a ‘vulture’ had remained ‘underachieving’. In quixotic times like now, it may not surprise anybody if a tiger shakes hands with an eagle. [...]
Trade ministers and officials from 16 Asian countries have agreed to speed up negotiations on outstanding issues and reach a basic agreement on a regional trade pact by the end of 2018. During weekend meetings, Prime Minister Shinzo Abe urged fellow leaders to work for an early conclusion of the [...]