Vietnam has already been sued by foreign investors at international arbitration tribunals four times, for a total of $4 billion. Investors suing came from France, the US and the Netherlands.
Back in June of 2016, Britain sent shockwaves throughout Vietnam and around the globe by voting to leave the EU.
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.
Some Japanese carmakers consider leaving Vietnam for other regional markets with better business prospects, said Takimoto Koji.
Other key export markets have taken similar measures, raising simmering concerns about food safety.
Vietnam’s logistics sector is expected to make up 8–10% of the country’s gross domestic product (GDP) by 2025.
Thai and Filipino tuna exporters have accessed the market tariff-free for years.
European enterprises are expected to intensify their agri-food presence in Vietnam thanks to slashed tariffs for EU-sourced agri-food items under the EU-Vietnam FTA.
The Trans-Pacific Partnership (TPP) is dead, but could it have an afterlife?
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The export power wants to deepen its regional ties.