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Asia pacific

Vietnam, UK set upward trajectory for next 10 years

The Hanoitimes - Hanoi hopes trade link will support its export-driven economy while London is trying to secure trade deals ahead of the transition period after Brexit. Vietnam and the UK have agreed refresh and strengthen their strategic partnership and set the framework for forging ahead in the next decade. Vietnam and the UK look to forge ahead the partnership in the next decade. Photo: MOFA The two sides adopted a joint declaration at a meeting between Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh and UK Foreign Secretary Dominic Raab on September 30 during the British diplomat’s visit to Hanoi, the first by a European politician to Vietnam since the start of the Covid-19 pandemic. The declaration, which marks a milestone of 10 years of the Vietnam-UK Strategic Partnership, outlines the UK and Vietnam’s commitment to further strengthening the bilateral partnership. It includes (1) deepening bilateral trade and … [Read more...] about Vietnam, UK set upward trajectory for next 10 years

Vietnam willing to share experience with UK on CPTPP accession

The Hanoitimes - The UK looks to focus on trade with the dynamic Asia-Pacific region, including Vietnam. As a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Vietnam is willing to share its experience on CPTPP accession with the UK, said Foreign Ministry Spokesperson Le Thi Thu Hang. Foreign Ministry spokesperson Le Thi Thu Hang. Photo: MOFA At the ministry’s regular press conference on September 17, the spokesperson stressed that the CPTPP is a high-quality free trade agreement with comprehensive commitments to promoting economic-trade cooperation among member countries and trade liberalization towards open and rules-based trade in the region. She underlined that CPTPP member countries have adopted procedures for joining the pact, and economies interested in the pact should meet its high standards and follow admission process. Earlier, on September 9, the UK’s Department for International Trade (DIT) announced … [Read more...] about Vietnam willing to share experience with UK on CPTPP accession

UK foreign minister seeks trade deal in Vietnam visit

The Hanoitimes - Both Vietnam and the UK are looking for a trade deal after Brexit. UK Foreign Secretary Dominic Raab is scheduled to visit Vietnam from September 29 – 30 to hold talks with his Vietnamese counterpart Pham Binh Minh, with a trade deal at the top of the agenda ahead of the ending of the transition period for Britain's exit from the European Union this year, Nikkei Asia reported. UK Foreign Secretary Dominic Raab to seek a trade deal with Vietnam in two-day visit. Photo: Reuters. Britain hopes to strengthen economic ties with Asia-Pacific countries and expand trade beyond Europe after Brexit. Vietnam approved a free trade deal with the EU in June and the EU-Vietnam Free Trade Agreement came into effect in August. Without a new bilateral trade deal with Vietnam, Britain faces higher tariffs from January 2020. Additionally, Britain is also seeking to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an … [Read more...] about UK foreign minister seeks trade deal in Vietnam visit

World News in Brief: March 1

* World Trade Organization members agreed on Monday to hold the next major ministerial meeting in Geneva, Switzerland in late 2021, delegates told Reuters. The biennial conference was originally set to be held in Kazakhstan last year but was delayed due to the pandemic. * More COVID-19 cases and deaths were reported in Asia-Pacific on Monday, as India recorded 15,510 new infections, taking the total to 11,112,241. According to the official data, the death toll in India mounted to 157,157 with 106 more deaths. * The Philippines' Department of Health (DOH) reported 2,037 new cases, bringing the total number of confirmed cases in the Southeast Asian country to 578,381. The death toll climbed to 12,322 after four more patients died from the viral disease, the DOH said. * Bangladesh reported 585 new cases and eight more deaths, bringing the tally to 546,801 and the death toll to 8,416, the Directorate General of Health Services (DGHS) said. * Republic of Korea reported 355 more … [Read more...] about World News in Brief: March 1

World leaders offer congratulations to Party General Secretary Nguyen Phu Trong’s re-election

Leaders of many countries have extended their congratulations to Party General Secretary and State President Nguyen Phu Trong over his re-election as General Secretary of the Central Committee of the Communist Party of Vietnam in the 13th tenure. Party General Secretary and State President Nguyen Phu Trong during the press conference held after the conclusion of the 13th National Party Congress in Hanoi on February 1, 2021 Leaders of many countries, including the US, Russia, France, South Korea, and ASEAN countries, have extended their congratulations to Party General Secretary and State President Nguyen Phu Trong over his re-election as General Secretary of the Central Committee of the Communist Party of Vietnam in the 13th tenure. Russian President Vladimir Putin's message says Russia values the personal contribution of the Vietnamese Party leader to strengthening the comprehensive strategic partnership between the two countries. It expresses his belief that with joint … [Read more...] about World leaders offer congratulations to Party General Secretary Nguyen Phu Trong’s re-election

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