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.
Vietnam’s cashew processing sector aims to export 360,000 tonnes of cashews for 3.3 billion USD in 2017, a year-on-year increase of 2.8 percent in volume, according to the Vietnam Cashew Association.
Algerian businesses have been updated on Vietnam’s prestigious export firms, export-import related regulations and business opportunities at a recent meeting in Oran city with Vietnamese Ambassador to Algeria Pham Quoc Tru.
Member economies of the Asia-Pacific Economic Cooperation (APEC) should step up the application of technologies in regional tourism development amid the Fourth Industrial Revolution 4.0 (FIR), a Vietnamese expert said.