Indonesian parliament adopts RCEP World

Indonesian parliament adopts RCEP

Indonesia’s parliament on August 30 passed a law cementing the country’s membership of the Regional Comprehensive Economic Partnership (RCEP), making it the latest Southeast Asian nation to join the world’s biggest trade bloc.
Ministries will support businesses to take RCEP opportunities Business

Ministries will support businesses to take RCEP opportunities

The Ministry of Industry and Trade (MoIT) and the Ministry of Agriculture and Rural Development will step up support for the Vietnamese business community to effectively exploit opportunities from the Regional Comprehensive Economic Partnership (RCEP), contributing to export promotion and economic development.
RCEP commitments help establish large e-commerce space in Asia: Deputy Minister Business

RCEP commitments help establish large e-commerce space in Asia: Deputy Minister

The implementation of the Regional Comprehensive Economic Partnership (RCEP)’s e-commerce commitments will help establish a large e-commerce space based on internationally accepted standards with the participation of big economies who are advanced in e-commerce, according to Deputy Minister of Industry and Trade Tran Quoc Khanh.
Domestic firms to receive consultations to strengthen export to RCEP markets Business

Domestic firms to receive consultations to strengthen export to RCEP markets

Vietnamese businesses will be provided with consultation on boosting their exports to markets joining the Regional Comprehensive Economic Partnership (RCEP) during a session to be held by the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade in collaboration with Vietnamese Trade Offices in the countries on June 8.
Regional partnership facilitates trade and economic recovery Business

Regional partnership facilitates trade and economic recovery

The Regional Comprehensive Economic Partnership (RCEP) will help increase exports as well as quality imports for consumption and production. This should speed Vietnam’s participation in the value chain and help the economy recover from COVID-19 while reducing risk.
Regional partnership facilitates trade and economic recovery Business

Regional partnership facilitates trade and economic recovery

The Regional Comprehensive Economic Partnership (RCEP) will help increase exports as well as imports for consumption and production. This should speed Vietnam’s participation in the value chain and help the economy recover from COVID-19 while reducing risk.
Vietnam emerging as important economy in Southeast Asia: Indian expert World

Vietnam emerging as important economy in Southeast Asia: Indian expert

The visit to Vietnam by Japanese Prime Minister Kishida Fumio from April 30 to May 1, along with the visit by his predecessor Suga Yoshihide in 2020, showed that Vietnam is emerging as one of the promising important economies in Southeast Asia, commented Pankaj Jha, Director of Indian Jindal Global University’s Centre for Strategy and Security Research.
ASEAN to upgrade trade pacts for regional economic recovery ASEAN

ASEAN to upgrade trade pacts for regional economic recovery

The ASEAN Economic Ministers (AEM) group is keen to upgrade existing free trade agreements (FTAs) and accelerate the enforcement of the Regional Comprehensive Economic Partnership (RCEP) trade pact among all members, aiming to revive the regional economy amid the COVID-19 pandemic.
ASEAN FMs reaffirm commitment to full, effective implementation of RCEP World

ASEAN FMs reaffirm commitment to full, effective implementation of RCEP

ASEAN Foreign Ministers reaffirmed their commitment to ensuring the full and effective implementation of the Regional Comprehensive Economic Partnership (RCEP) during the ASEAN Foreign Ministers’ Meeting Retreat (AMMR) that was held in Phnom Penh, Cambodia, in both in-person and online formats from February 16-17, according to Cambodian Minister of Foreign Affairs and International Cooperation Prak Sokhonn.
Malaysia ready to ratify RCEP World

Malaysia ready to ratify RCEP

Malaysia's Ministry of International Trade and Industry (MITI) on January 21 announced that the country submitted its Instrument of Ratification (IOR) to the ASEAN Secretariat on January 17, becoming ready to be the 12th member state to ratify the Regional Comprehensive Economic Partnership Agreement (RCEP).
Vietnam issues plan on RCEP implementation Business

Vietnam issues plan on RCEP implementation

Standing Deputy Prime Minister Pham Binh Minh has signed a decision approving a plan on the implementation of the Regional Comprehensive Economic Partnership (RCEP), which became effective from January 1.
RCEP - new momentum for post-pandemic economic recovery Business

RCEP - new momentum for post-pandemic economic recovery

The Regional Comprehensive Economic Partnership (RCEP), which took effect from January 1, is expected to become a new momentum accelerating trade and subsequently post-pandemic economic recovery by forming a stable and long-term export market for Vietnam and other ASEAN countries and creating a legally biding foundation for an equal trade environment in the region.