Currently, Vietnam is one of the most participating country in free trade agreements (FTA) in the world with FTAs. Of which, 10 signed FTAs have taken effect, 2 signed FTAs have not taken effect, 2 FTAs have passed the negotiations, and 3 FTAs have been negotiated.
The Association of Southeast Asian finance ministers recently concluded their 22nd meeting in Singapore, as the 10-member ASEAN embarks on the second half of its journey toward its centennial. Having come this far to be the longest serving group in the developing world, it is timely to ask, how has it fared economically?
Criteria to determine "materials used for manufacture of machinery and equipment" and "construction materials" has not been defined clearly, which confuses Customs agencies in the implementation of tax exemption.
US-China trade ties are tense. If the outbreak of trade war between the two major powers is as forecasted, it will impact negatively on Vietnam's export of goods, but at the same time, it is a positive opportunity if Vietnam makes good use of it for integration.
VIETNAM'S strategic relationship with the United States has progressed but it is being held hostage to various sticking points over trade and the economy, many of which are expected to be negotiated in the coming weeks and months of 2018.
Sitting grandly on the banks of Switzerland's Lake Geneva is the headquarters of the World Trade Organization (WTO), a free trade factory.
Today, the very countries that have spent 70 years building multilateral institutions and establishing global trade rules are busy undermining them. In this context, the absence of even a whiff of protest against financial integration demands explanation.
If there's one hot-button issue that really gets Trump going -- and wins him votes -- it's trade. He tore up the Trans-Pacific Partnership (TPP) on his fourth day in office (not his first, as he had promised), reopened the North American Free Trade Agreement (NAFTA) with Canada and Mexico last year, and recently started a virtual trade war (though mostly a war of words) with China.
The Prime Minister has asked ministries and localities to boost control on unsafe seafood exports and remove poor quality aquaculture products that failed to conduct food safety regulations at import markets.
Unifying import and export activities, further facilitating the enterprises for the development of border trade in Mong Cai city and at the same time improving the efficiency of the State management on Customs are the objectives which Quang Ninh Customs Department has set to deploy the centralized Customs clearance and management Model in Mong Cai.
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