The newly-signed Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP), of which Vietnam and Chile are members, is expected to be a new push for the economic, trade and investment cooperation between the two nations, said Vietnamese Ambassador to Chile Nguyen Ngoc Son.
President Trần Đại Quang hosted Foreign Minister of the Republic of Korea, Kang Kyung Wha, in Hà Nội yesterday, expressing his delight at the robust development of bilateral cooperation in a range of areas over the past 25 years, particularly after the two countries raised ties to strategic partnership in 2009.
Relations between New Zealand and Việt Nam are developing from strength to strength and there is significant potential to grow the relationship further, said New Zealand Prime Minister Jacinda Ardern.
Việt Nam’s real estate sector has witnessed significant participation from Japanese investors through cooperation with Vietnamese businesses recently, promising to bring benefits to the real estate market.
Việt Nam has become the second largest investor in Laos with investments of US$5 billion, mainly in the agro-forestry sector.
Revisions to the country’s plan for the aviation industry up until 2020, with a vision towards 2030, were recently approved by the Government. The new plan aims for the aviation market in Việt Nam to be among ASEAN’s top four in terms of shipping volume by 2030.
With regard to Illegal, Unreported and Unregulated (IUU) fishing, there is just over one month to the end of the six month period set out by the European Commission (EC) for Vietnam to overcome the "yellow card" for seafood exports. With a series of efforts from the authorities as well as the business community, there are high expectations that the "yellow card" will be removed in April.
Local steel producers may lose their foothold in the U.S. market and face fierce competition from China. U.S. President Donald Trump’s plan to slap hefty tariffs on steel and aluminum imports from certain countries, including Vietnam, is likely to hit local manufacturers.
Donald Trump pushed forward with plans to impose tariffs on steel and aluminium imports on Thursday, arguing the levies were necessary for national security and to stop the “assault on our country”.
The trade deal once touted as a hallmark of U.S. efforts to check China's rise has at last crossed the finish line -- without its one-time leader. On March 8, the 11 remaining members of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), the rebranded and scaled back version of TPP, signed the deal in Chile.
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