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.
Negotiations on the Regional Comprehensive Economic Partnership (RCEP) will be held in South Korea this week, Seoul’s trade ministry said Monday.
Representatives from Toray International-one of Japan’s largest producers of clothing items-are expected to come to Vietnam next month to work with authorities of Quang Ninh province on a major plant in the province, also its first in Vietnam.
Vietnam has made significant contributions to the Asia-Pacific Economic (APEC) cooperation, especially with the country hosting APEC Year 2017, said Professor Go Ito from Japan’s Meiji University.
The United States expects bright economic prospects for the Asean regional bloc, with the youth contributing to the achievement of opportunities.
Chile is open to support the candidature for India membership to Asia-Pacific Economic Cooperation (APEC), said former President of Chile Eduardo Frei Montalva on Wednesday.