Vietnam, UK sign FTA
09:00 | 30/12/2020 Cooperation
Vietnam Ambassador to the UK Tran Ngoc An and UK Ambassador to Vietnam Gareth Edward Ward signed the free trade agreement between the two countries on December 29 in London. The two countries’ ambassadors were authorised to sign the deal as leading officials of the Vietnam Gov't and Minister of Industry and Trade Tran Tuan Anh were unable to travel to the UK to sign directly amid Covid-19.
UKVFTA: A new beginning in bilateral relations
16:41 | 29/12/2020 Cooperation
(VEN) - The United Kingdom (UK) and Vietnam have signed a new free trade deal (UKVFTA) to ensure continuity of their trade once the Brexit transitional period ends on December 31, 2020. The agreement signed in Hanoi in mid-December marks a new beginning in bilateral relations.
UKVFTA meaningful to both Vietnam and UK
13:00 | 24/12/2020 Cooperation
The conclusion of the UK-Vietnam Free Trade Agreement (UKVFTA) on December 11 holds a practical meaning to both nations as the pact is expected to help the two countries boost their post-pandemic recovery.
Vietnam affirms its global position at APEC
06:00 | 22/12/2020 Vietnam - Asean
(VEN) - As the Chair ASEAN for 2020 and a non-permanent member of the United Nations Security Council for 2020-2021, Vietnam’s position at the Asia-Pacific Economic Cooperation (APEC) forum has improved. At the recent 27th APEC Summit, held online, the leaders of 21 member economies adopted the Post-2020 Vision of APEC proposed by Vietnam in the city of Da Nang in 2017.
RCEP facilitates trade and harmonization of standards
06:00 | 14/12/2020 EVFTA
(VEN) - While the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) are designed to maximize trade and investment liberalization, the Regional Comprehensive Economic Partnership (RCEP) agreement is the harmonization of standards to facilitate trade in the region. Vietnam Economic News’ Thu Phuong spoke about the recently signed RCEP agreement with Phung Thi Lan Phuong, Head of the Free Trade Agreement Office under the WTO (World Trade Organization) and Integration Center of the Vietnam Chamber of Commerce and Industry (VCCI).
RCEP: All is well that ends well, but why did it take eight years?
06:00 | 11/12/2020 Vietnam - Asean
(VEN) - The Regional Comprehensive Economic Partnership (RCEP) Agreement comprises 20 chapters with commitments covering goods, services, investment, intellectual property rights, competition, trade remedies, standards, e-commerce and dispute settlement. Many of these chapters were not included in the underlying ASEAN+1 agreements that formed the original core of RCEP. This to some extent explains why it took RCEP negotiators as long as eight years to reach its signing on November 15, 2020.
Vietnamese enterprises contribute to Vietnam-Australia trade
13:35 | 08/12/2020 Cooperation
Vietnamese businesses in Australia have made significant contributions to the growth of Vietnam-Australia trade in 2020, Vietnamese Ambassador to Australia Nguyen Tat Thanh said at a ceremony to review activities of the Vietnamese Entrepreneurs Association in Sydney (VEAS) on December 5.