An official of the UK Department for Business and Trade identified green technology, fintech, health care, and many others as promising areas for deeper collaboration between Vietnam and the UK.
ASEAN is seeking to expand its membership in two key trade agreements - the Regional Comprehensive Economic Partnership (RCEP) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). To date, only four ASEAN countries are members of the CPTPP, namely, Brunei, Malaysia, Singapore, and Vietnam.
Looking forward, Hai revealed that the two sides are actively pursuing an upgrade in their relationship, beginning with a Comprehensive Partnership and aiming toward a Strategic Partnership.
Amid global economic restructuring and deeper regional cooperation, Vietnam–China economic and trade ties have grown significantly. with larger scale and major projects actively promoted, creating strong momentum for both nations' socio-economic development.
The most immediate impact of Trump’s tariffs will be inflation, both in the US and worldwide. As import costs rise, businesses will pass these costs onto consumers, driving up prices, said Professor Phar Kim Beng of ASEAN Studies at the International Islamic University of Malaysia (IIUM).
Vietnamese Ambassador to the UK Do Minh Hung is confident that Standing Deputy PM Nguyen Hoa Binh's visit to the UK will be a success, creating new momentum for cooperation in economy, finance, education, and training, contributing practically to the dynamic and effective development of the Vietnam-UK Strategic Partnership
In the context of complex regional and international developments, Vietnam and China need to persist in maintaining the stable development of relations between the two Parties and two countries, while also enhancing multilateral coordination, said a leader of the Institute of Southeast Asian Studies under the Guangxi Academy of Social Sciences.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which officially came into effect for Vietnam on January 14, 2019, is considered one of the most effective deals for Vietnamese exports to this market.
Vietnam and the UK have identified trade and investment cooperation as an important pillar of their Strategic Partnership and will step up measures to ramp up economic cooperation in the coming time.
Minister of Industry and Trade Nguyen Hong Dien, and Japan's Minister of Economy, Trade, and Industry (METI) Muto Yoji co-chaired the 7th meeting of the Vietnam-Japan Joint Committee on Industry, Trade and Energy Cooperation in Tokyo on December 20.
On December 15, 2024, the United Kingdom became the first European nation to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), officially becoming the trade bloc's 12th member.
Exports have been a bright spot in Vietnam's trade picture in the past 11 months, as prices and the recovery of orders have helped businesses improve value and maintain a trade surplus.
Amid Mexico’s increasing import taxes on countries without a Free Trade Agreement (FTA), Vietnam is gaining recognition as a promising trade partner for this Latin American nation.
Together with the UK - Vietnam Free Trade Agreement (UKVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will create new opportunities for companies and consumers in the UK and Vietnam, affirmed British Ambassador to Vietnam Iain Frew.
Costa Rican President Rodrigo Chaves Robles expressed his willingness to strengthen multifaceted cooperation between Costa Rica and Vietnam, particularly in the fields of economy, trade, education, and environment.
