Vice president signals Jakarta is still on board with regional free trade
Thailand’s government hopes the transport connectivity initiative of China will boost trade and investment ties with and attract tourists from countries in the Eurasia Economic Union (EAEU).
Although a worsening infrastructure deficit, poverty and underemployment, and weaker global export demand have presented challenging headwinds, the Philippine economy is on track to surpass recent highs, making it the most likely to become the next “tiger economy” among ASEAN countries, according to the latest report by Oxford Business Group (OBG).
Indonesia overtook Thailand as Vietnam’s biggest exporter of cars under nine seats in May, said the General Department of Vietnam Customs.
China and Singapore will do their best to expedite talks on the Regional Comprehensive Economic Partnership (RCEP), Singapore's foreign minister said, calling the potential pact a statement on the importance of free trade.
Two-way trade between Việt Nam and the European Union (EU) grew 16.2 per cent year-on-year in the first five months of 2017, according to the Ministry of Industry and Trade.
Vietnam Economic News’ Nhat Quang recorded the opinions of APEC senior officials on the sidelines of their second meeting (SOM 2) in Hanoi last month. Most of them believe the 21-nation Asia-Pacific Economic Cooperation forum will open up big opportunities not only for the Vietnamese economy but also for businesses to integrate into the regional and global economies.
During the official trip to Japan, Vietnamese Prime Minister Nguyễn Xuân Phúc the encounter Shinzo Abe agreed to continue with Trans Pacific Partnership (TPP).