Prime Minister Nguyen Xuan Phuc, in a meeting with outgoing Singaporean Ambassador to Vietnam Catherine Wong on January 13, highlighted the great success in bilateral trade and investment relations, saying that the Vietnam-Singapore Industrial Park (VSIP) model is a bright spot in the economic ties.
Vietnam and the EU have experienced fruitful cooperation in various sectors over the course of the last three decades, Josep Borrell, High Representative of the EU for Foreign Affairs and Security Policy, said in a message on the occasion of the 30th anniversary of diplomatic relations between the two sides.
Ambassador Tran Duc Binh, head of Vietnam’s permanent mission to ASEAN, highlighted the country’s outstanding achievements during its 2020 ASEAN Chairmanship in a recent interview with the Vietnam News Agency.
Vietnam and the UK should sign a bilateral free trade agreement (FTA) as soon as possible to further boost two-way trade, Prime Minister Nguyen Xuan Phuc said when hosting UK Secretary of State for International Trade Elizabeth Truss in Hanoi on December 11.
The signing of the Regional Economic Partnership (RCEP) agreement marked Vietnam’s new step in economic integration, contributing to improving its role and position in the region and the world as well.
Prime Minister Nguyen Xuan Phuc chaired the 23rd ASEAN-China Summit held online on November 12 afternoon with the participation of ASEAN leaders, Chinese Premier Li Keqiang, and the bloc’s Secretary-General Lim Jock Hoi.
ASEAN economic ministers held online consultations with external partners, including the Republic of Korea (RoK), within the framework of the 52nd ASEAN Economic Ministers’ Meeting (AEM-52) and related meetings, on August 29.
The CPTPP Commission’s third meeting was held on August 6 and ended with the approval of a ministerial joint statement reiterating the members’ commitment to back trade liberalization, and multilateral trade.
Economic and trade ministers of signatories to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) met online on August 5 to discuss how best to intensify cooperation and prepare a plan of action to boost post-pandemic economic recovery.
Prime Minister Nguyen Xuan Phuc held phone talks with President of the European Commission Ursula von der Leyen on July 29 to discuss the implementation of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).
Vietnam’s becoming the seventh member of the Association of Southeast Asian Nations (ASEAN) marked a strategic decision and paved the way for the country’s regional and international integration, which has also been seen as a milestone in the grouping’s development.
Vietnam is now ready for implementing the EU-Vietnam Free Trade Agreement (EVFTA) and the Investment Protection Agreement (EVIPA), Spokeswoman of the Foreign Ministry Le Thi Thu Hang has said.
Trade costs in Vietnam are higher than the regional average, and the competitiveness is limited due to a lack of policy orientations to promote the connection of the domestic market.
The revised Labour Code, which was adopted by the National Assembly in November 2019, has helped Vietnam reach closer to international labour standards, according to experts.
Information on prospects for economic and investment cooperation between Vietnamese and Czech firms, and business opportunities in Vietnam offered by the EU-Vietnam Free Trade Agreement (EVFTA), were discussed at a workshop in Prague on October 25.
Measures must be taken to improve the quality of Vietnam’s legal documents, said policy researchers and businesses at a conference on October 17 in Hanoi.
Vietnam has been named one of the rising stars of global trade with the sixth position among the top 20 markets with the greatest potential for future trade growth, according to a recent report by Standard Chartered.
Deputy Prime Minister and Foreign Minister Pham Binh Minh led a Vietnamese delegation to attend the ministerial meeting of the group of 77 developing nations (G77) on the sidelines of the ongoing 74th session of the United Nations General Assembly in New York, the US, on September 27.
Vietnam and Australia on August 23 issued a joint statement on the occasion of the official visit to Vietnam by Australian Prime Minister Scott Morrison.
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