Vietnam encourages international pharmaceutical businesses, including members of EuroCham, to extend their investment and establish research centres in the country, said Nguyen Van Binh, Secretary of the Party Central Committee and head of the committee’s Economic Commission
The US has started trade talks with multiple countries in Asia to find an alternative to the failed Trans-Pacific Partnership, US Commerce Secretary Wilbur Ross said.
TO HELP set the government’s “Thailand 4.0” economic model in motion, the public and private sectors should work hand in hand to position the country as a hub of Asean’s growing seniors market, said Butsaya Prakorbthong, general manager of NCC Exhibition Organiser Co.
At the height of the Asian financial crisis, Japan called for the establishment of an Asian version of the International Monetary Fund to help restore financial stability to the region. However, in the face of strong opposition from the U.S. and a reluctance to support it from China, the Asian Monetary Fund never got off the ground.
Stronger export growth and a continued rise in investment suggest Việt Nam’s GDP growth will go back above 6.5 per cent in 2017, after a slowdown to 6.2 per cent in 2016.
This year marks 50 years of diplomatic relations between Cambodia and Vietnam. Both countries have organised a series of events to commemorate their time-honoured traditional friendship that is bound by strategic convergence, common vision and shared interests.
Officials from the United States and Indonesia met earlier this week under their Trade and Investment Framework Agreement (TIFA), agreeing on next steps for expeditiously resolving bilateral issues and further building their trade relations.
The Regional Comprehensive Economic Partnership (RCEP) is a mega-regional trade deal being negotiated among 16 countries across Asia-Pacific. If adopted, RCEP will cover half the world’s population, including 420 million small family farms that produce 80% of the region’s food.