With the US withdrawal from the Trans-Pacific Partnership, the remaining 11 nations have decided to develop the pact into another version named the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Raymond Mallon
Reviving the original Trans-Pacific Partnership, a trade deal between 12 countries around the Pacific Rim, is technically impossible.
A forum to bolster Vietnam - Cambodia trade and investment ties opened in Phnom Penh, the capital city of Cambodia, on November 20
The southern province of Bình Phước announced on November 17 it has approved an investment plan for a US$54 million solar power plant project funded by Indian Tata Power Company.
There is huge potential for co-operation between Việt Nam and Tatarstan, a federal subject of the Russian Federation, in many sectors, its leader has said.
As the Asia–Europe Meeting (ASEM) enters the third decade, it is time to build a vision for a responsible and responsive ASEM as a champion for multilateral cooperation, said a senior Vietnamese official.
Japan, China, South Korea and ASEAN countries have emphasised the need to pursue an open trading system for the region to allow sustainable growth of trade and investments, Philippine News Agency (PNA) reported.
Analysts believe that Vietnam will still get big benefits once the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership is implemented, though they would be smaller compared to the benefits it expected from TPP.
Major member economies of the Asia-Pacific Economic Cooperation (APEC) forum, including the US, Japan, the Republic of Korea (RoK) and China, could make up 74-75 percent of Vietnam’s total garment-textile export turnover in the coming time.
AEC 2015, established by the 10 member-countries of the Association of Southeast Asian Nations, aims to eliminate trade barriers and facilitate trade of both goods and services within the region
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