US works to ratify TPP: Ambassador

The US is working to ratify the Trans-Pacific Partnership (TPP) agreement, US Ambassador to Vietnam Ted Osius said.
US works to ratify TPP: Ambassador ảnh 1President of the Vietnam General Confederation of Labour Bui Van Cuong (L) greets US Ambassador to Vietnam Ted Osius (Source: laodong.com.vn)

Hanoi (VNA) – The US is working to ratify the Trans-Pacific Partnership (TPP) agreement, US Ambassador to Vietnam Ted Osius told President of the Vietnam General Confederation of Labour (VGCL) Bui Van Cuong at a meeting in Hanoi on August 10.

According to Lao dong (Labour) newspaper, the two sides exchanged the roadmap for Vietnam’s involvement in the world-largest free trade pact.

The Ambassador said President Barack Obama supported the ratification of the deal.

He expressed his belief that Vietnam will effectively implement its commitments under the TPP as it is doing for the World Trade Organisation.

With its role to protect the rights and interests of trade unionists, the VGCL is aiming to increase its membership, Cuong said.

As a political-social organisation, the VGCL operates according to the Law on Trade Unions approved by the National Assembly, he noted.

The confederation will engage in the revision of regulations as stipulated in Chapter 13 of the law, he said.

Ted Osius said the US Embassy is willing to provide technical assistance for the VGCL to improve negotiation skills to sign a collective labour agreement.

The TPP is a free trade agreement between 12 countries, namely Canada, Brunei, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Australia, the US, Japan and Vietnam, which aims to remove tariff barriers for its members.

Once in force, the pact will create a free trade area of 800 million people and account for 30 percent of global trade and about 40 percent of the world’s economy.-VNA

VNA

See more

Secretary of the Lao Cai provincial Party Committee and Chairman of the People’s Committee Trinh Xuan Truong discusses potential collaboration with Israeli Ambassador to Vietnam Yaron Mayer during a meeting in Lao Cai city on February 19. (Photo: baolaocai)

Lao Cai seeks stronger cooperation with Israeli partners

Secretary of the Lao Cai provincial Party Committee and Chairman of the People’s Committee Trinh Xuan Truong discussed potential collaboration with Israeli Ambassador to Vietnam Yaron Mayer during a meeting in Lao Cai city on February 19.

Ministries, sectors, and localities are urged to speed up the allocation and disbursement of the public investment in 2025. (Photo: chinhphu.vn)

PM urges acceleration of public capital allocation, disbursement

The dispatch highlighted that the detailed allocation of the capital accounted for only 96.07% of the Government leader’s assigned target as of January 23, with some 84.84 trillion VND (3.32 billion USD) remaining unallocated across 26 central agencies and 48 localities.

Chinese consumers spend some 70 million USD on Vietnamese lobster in January. (Photo: doanhnhansaigon.vn)

Chinese consumers spend 70 million USD on Vietnamese lobster in January

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam's total aquatic exports in the month reached 774 million USD, up 3% year-on-year. This increase was primarily driven by strong Chinese demand for premium fresh seafood products, including lobster, crab, clams, and snails, as consumers prepared for Lunar New Year celebrations.

Chairman of the Ba Ria - Vung Tau Provincial People's Committee Nguyen Van Tho and Glen Hilton, CEO of DP World Asia-Pacific, sign a Memorandum of Understanding. (Photo: VNA)

Discussion underway for Vietnam’s first FTZ in Ba Ria-Vung Tau

The seaport-linked FTZ in the Cai Mep Ha vicinity is expected to boost the maritime economy to capitalise on the strategic location of Ba Ria-Vung Tau, attract foreign investment, and drive growth in the logistics, seaport, and international trade sectors.

The Tan Ky Tan Quy Bridge crosses the Tham Luong Canal, directly connecting to National Route 1. (Photo: VNA)

HCM City plans substantial investment in infrastructure

HCM City will direct funding towards transport, energy, and telecommunications infrastructure, including national highways, regional connectivity roads, Tan Son Nhat International Airport, Can Gio international transhipment port, and the Lotte Eco Smart City.

Delegates mark the launch of the new shipping route on February 18. (Photo: VNA)

New shipping route linking China, Vietnam, India launched

The container shipping route connecting the ports of Beibu Gulf (China), Hai Phong (Vietnam) and Kolkata (India) is destined to become a key strategic trade axis, contributing to the sustainable growth of both the regional and Vietnamese maritime industries.

Ca Mau province Deputy Secretary Nguyen Ho Hai receives a gift from the Singaporean ambassador Jaya Ratnam at a meeting held on February 17 to enhance exports and cooperation. (Photo: tuoitre.vn)

Ca Mau wants more exports to, cooperation with Singapore

The southernmost province of Ca Mau wants to increase agricultural and fishery exports to Singapore and strengthen cooperation in several sectors, Deputy Secretary of its Party Committee, Nguyen Ho Hai has told Singaporean embassy officials.