The agreement is fully in line with the rules of the WTO Government Procurement Agreement, thus achieving a degree of transparency and procedural fairness comparable to other EU trade agreements with developed countries and more advanced developing countries, the EC stated. … [Read more...] about New free trade agreement to add $16bn to Vietnam’s exports to EU: expert
China asean free trade area adalah
Chinese Vice Premier Liu He (left) and US President Donald Trump display the signed trade agreement between the US and China in the East Room of the White House in Washington, DC. (SAUL LOEB/AFP) "Today, we take a momentous step, one that's never taken before with China," that will ensure "fair and reciprocal trade," Trump said at the White House before signing the document. … [Read more...] about What’s in the new US-China ‘phase one’ trade deal?
Hanoi (VNA) – Friendship and cooperation have been the mainstream of Vietnam-China relations over the past seven decades, Deputy Prime Minister and Foreign Minister Pham Binh Minh affirmed in his article on the occasion of the 70th anniversary of Vietnam-China diplomatic relationship. Minh, who is also head of the Vietnam sub-committee in the Vietnam-China Steering Committee for Bilateral Cooperation, said 2020 has an important meaning in the two countries’ traditional friendship as they celebrate the 70th founding anniversary of their diplomatic ties and look back at the neighbourly friendship built and nurtured by late Presidents Ho Chi Minh and Mao Zedong along with the two countries’ revolutionary predecessors. According to the Deputy PM, January 18, 1950 went into the history of Vietnam-China relations as an important milestone. Not long after its establishment, the People’s Republic of China became the first country in the world to set up diplomatic … [Read more...] about Friendship and cooperation – mainstream of Vietnam-China relations
Mai called on both sides to continue fully and effectively realising high-level common perceptions, consolidating political trust, further strengthening people-to-people exchange, control and properly address differences at sea. Vice President of the Chinese People's Association for Friendship with Foreign Countries Song Jingwu, in turn, said the 70-year history has proved that the China – Vietnam traditional friendship has been an invaluable asset of the two Parties, States and peoples, which needs to be cultivated, protected and handed down to later generations. … [Read more...] about 70 years of Vietnam-China diplomatic ties marked
In 2019 alone, the number of cases of trade remedies and disputes related to export products of Vietnam increased rapidly with nearly 20 cases, the highest level in history. The US remained the country which probed most into Vietnam’s export products with 31 cases, followed by Turkey with 21 cases, India with 21 cases and the EU with 14 cases. In terms of the subject of the trade remedies investigations, nine out of 16 cases were steel products, accounting for 60 percent. Among countries applying trade remedies on Vietnam, the US tends to expand the scope of protectionist measures. The products, that are being imposed anti-dumping measure, will still be investigated again, at the same time, they will also be put under countervailing investigation. For instance, the US had already investigated tax evasion on some extruded aluminum products imported from Vietnam. Preliminarily, the extruded aluminum products of Vietnam exported to the US were said to have evaded the anti-dumping … [Read more...] about Vietnamese goods in face of pressure from trade protectionism