Breakthrough in RCEP negotiations on world’s largest free trade area
11:09 | 09/12/2019 Vietnam - Asean
(VEN) - After nearly seven years of negotiations, the 10 ASEAN member states and its allies reached agreement on the Regional Comprehensive Economic Partnership (RCEP) and pledged to sign the trade deal in 2020. The consensus over what is shaping up to be the world’s biggest free trade area was reached within the framework of the 35th ASEAN Summit and Related Summits in Thailand.
South-East Asia’s GDP growth to remain at 4.5 percent in 2020
19:40 | 06/12/2019 Cooperation
Economic growth across the South-East Asia (SEA) region is expected to slow from 5.1% in 2018 to 4.5% in 2019 and remain unchanged in 2020, amid high risks of a re-escalation in trade tensions, according to ICAEW’s latest Economic Update: South-East Asia report. As a result, the outlook for exports and private investment will remain challenging and continue to dampen regional GDP growth.
Vietnam assumes ASEAN Chair
09:38 | 03/12/2019 Vietnam - Asean
(VEN) - The chairmanship of the Association of Southeast Asian Nations (ASEAN) for 2020 that Vietnam officially assumed on November 4 will be a chance for the country to demonstrate its leadership and coordination capability to help the 10 member countries grasp opportunities, overcome challenges, and build a sustainable community.
Vietnam offers increased oil, gas cooperation with Russia
10:00 | 28/11/2019 Cooperation
(VEN) - Vietnam is willing to create favorable conditions for Russian companies to carry out oil and gas exploration and exploitation projects within Vietnam’s continental shelf, Russian Deputy Prime Minister Maxim Akimov and his Vietnamese counterpart Trinh Dinh Dung announced following the 22nd session of the Vietnam-Russia Intergovernmental Committee for Economic-Commercial and Scientific-Technological Cooperation that took place last month in Hanoi.
Vietnam fishing for FTA opportunities, gearing up for challenges
09:01 | 28/11/2019 EVFTA
(VEN) - Vietnam’s agricultural sector is gearing up to prepare for the major changes expected with the entry into force of two unique, new-generation trade agreements - the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA).