The Regional Comprehensive Economic Partnership (RECP) has just been signed on November 15 and is expected to take effect next year. This world's largest FTA will create a great opportunity to help Vietnam promote exports, while not creating a "shock" of trade deficit from markets, especially the Chinese market.
The world is facing many sustainability challenges that need concerted efforts from different stakeholders to address to fulfil the UN's 2030 Agenda. Sustainable development will continue receiving great attention around the world and in Việt Nam in the next decade.
Japan has always been one of the most important strategic foreign investors in Vietnam. Since the beginning of 2020, the investment wave from Japan has increased, meaning Vietnamese enterprises have to quickly develop strategies to seize opportunities.
COVID-19 has significantly affected the consumer behaviour of people of all socioeconomic groups in Vietnam. Now businesses looking for future growth and investment opportunities are urged to upskill or reskill in line with new trends and demands.
IT application to deploy the new model in the draft scheme on reforming quality control and food safety inspection for import goods is the key solution to implement goals on applying risk management and cutting the number of goods subject to inspection as well as ensure connections between State management agencies.
The 15 countries in the Regional Comprehensive Economic Partnership carried out a virtual signing ceremony on November 15. Dr. Deborah Elms, executive director of the Asian Trade Centre, in Singapore delves into the specific details and explains how companies can get ready to utilise the agreement.
Economic advisors have praised the outlined goals of a new socioeconomic development plan for the next decade and are offering recommendations before it is submitted to the government.
The implementation of the Regional Comprehensive Economic Partnership (RCEP) after being approved will not create a "shock" on tariff reductions for Vietnam.
ASEAN countries need to choose between recovery based on wasteful competition for investment or coordination, cooperation, and joint hands to generate sustainable tax revenue to spend on health, education, and other public goods that are essential to fight poverty and inequality.
The Brunei government, as it takes over ASEAN Chairmanship from Vietnam in 2021, faces the daunting task of uniting members in addressing the biggest challenges of this generation. Driving the region’s economic recovery post-pandemic must undoubtedly be at the top of the economic bloc’s agenda.
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