The 11 countries to the TPP are set to sign the new deal next week, lifting trade liberalisation ambitions in the Asia Pacific despite growing protectionist sentiments, says one observer at the Trade ministers and delegates from the remaining members of the Trans Pacific Partnership (TPP) attend the TPP Ministerial Meeting during the APEC 2017 in Da Nang, Vietnam November 9, 2017
On his third day in office, US President Donald Trump honoured his election campaign promise to take the United States out of the Trans-Pacific Partnership (TPP). The move left allies and partners across the Pacific in Asia shell-shocked and may well be seen as the turning point in US global leadership.
As one of the world’s largest research-based pharmaceutical companies, Pfizer Inc. commits to long-term business and investment activities in Vietnam, cashing in on growing local demands. Bradley Silcox, chief representative of Pfizer Thailand Limited in Ho Chi Minh City, discussed its future strategies for Vietnam with VIR’s Bich Thuy.
The Vietnamese government has issued a resolution on socio-economic and budget management in 2018 focusing on achieving GDP growth target, promoting economic restructuring, and reforming growth models.
In the face of a rapidly ageing population, Asean needs to further promote dialogue and knowledge sharing on the issue and develop common pathways that support effective and productive participation in old age, writes Chheang Vannarith.
Regarding the proposal of the Ministry of Finance to increase the environmental protection tax (EPT) on many commodities, including petroleum, Mr. Pham Dinh Thi - Director of Tax Policy Department, Ministry of Finance has given specific explanations.
If any country deserves accolades for bringing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to a successful conclusion, it is Japan. Japan was the primary force driving negotiations for the CPTPP (also known as the TPP-11) after the United States withdrew from the original Trans-Pacific Partnership a year earlier.
In early 2016, the Trans-Pacific Partnership (TPP) Agreement — involving twelve countries on the Pacific Ocean rim, including the USA — was signed in New Zealand. Right after his inauguration in January 2017, newly elected US President Donald Trump withdrew from the TPP, effectively killing the agreement as its terms require the participation of both the US and Japan.
The Currency Wars are over. Having tripled the monetary base as a per cent of GDP, the world’s major central banks are now winding up. No more quantitative easing. No more attempts to devalue the dollar, euro or yen.
From February 20, 2018, logistics businesses have to meet the business conditions outlined in Decree No.163/2017/ND-CP on logistics services, replacing Decree No.140/2007/ND-CP.
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