The 2017 Asia-Pacific Economic Co-operation (APEC) Summit is a crucial opportunity for businesses throughout central Việt Nam to seek trade partners and export markets as representatives of foreign firms flock to the business forums at APEC from November 5-11, Đà Nẵng business people and officials say.
The success story of the East Asian economy was about the connection between trade and industrialisation — look at the cases of Japan, South Korea, China, Taiwan and Singapore. Trade-oriented industrialisation drove regional economic integration in through trade and investment — and integration into the world economy that was made possible by conducive global economic growth and a relatively open global economy.
Trade ministers of 16 Regional Comprehensive Economic Partnership (RCEP) countries, including India and China, are expected to meet in Manila in mid-November to take stock of negotiations for the proposed mega agreement, an official said.
Dr Carl Thayer, emeritus professor at the University of New South Wales and an expert on Southeast Asia, talks to Vietnam News Agency ahead of the APEC Economic Leaders’ Meeting that will take place in Đà Nẵng City next month.
Since Vietnam joined the Asia-Pacific Economic Cooperation (APEC) forum in 1998, the forum has become an important force supporting the country’s economic reform and restructuring, growth model shift and global economic integration, including the entry to the World Trade Organisation.
This week Donald Trump departs for his first trip to Asia as president of the United States.
Asean celebrates 50 years of its establishment this year, one of its key achievements has been the formation of the Asean Economic Community (AEC)—a platform that enables the economic integration of its 10 member-states.
As part of the ASEAN Trade in Goods Agreement (ATIGA), Việt Nam will cut 669 tariff lines to zero per cent starting in January 2018. Among these are automobiles and spare parts, vegetable oil, refrigerators, air conditioners and dairy products.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
