A pharmacy of Cho Ray, a major Ho Chi Minh City-based hospital, was packed on a recent Tuesday afternoon. The crowd, mostly poor people from southern provinces (many clad in pajamas), looked around nervously as pharmacists in white coats shouted their names and totals over a loudspeaker. Some had to pay as little as VND78,000 (less than $4) and others as much as VND2 million ($94). The poorest among them scoured their pockets and bags for change, turned to the relatives standing next to them or began making telephone calls in search of a loan. “My bill is VND266,000, which is already a big headache given that I have to take a bus here every month,” said Nguyen Van Tien, a shrimp farmer in an outlying district in the Mekong Delta province of Ben Tre, where quality medical care is more or less non-existent. Tien said his ability to pay for the treatment for a benign bladder tumor remains as uncertain as the weather. “I don’t know what will happen if the treatment … [Read more...] about Trans-Pacific Partnership could raise stakes for Vietnam’s sick
Trans pacific partnership trade pact
The Trans-Pacific Partnership, one of the world's biggest multinational trade deals, was signed by 12 member nations on Thursday in New Zealand, but the massive trade pact will still require years of tough negotiations before it becomes a reality. The TPP, a deal which will cover 40 percent of the world economy, has already taken five years of negotiations to reach Thursday's signing stage. The signing is "an important step" but the agreement "is still just a piece of paper, or rather over 16,000 pieces of paper until it actually comes into force," said New Zealand Prime Minister John Key at the ceremony in Auckland. The TPP will now undergo a two-year ratification period in which at least six countries - that account for 85 percent of the combined gross domestic production of the 12 TPP nations - must approve the final text for the deal to be implemented. The 12 nations include Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States … [Read more...] about Trans-Pacific Partnership trade deal signed, but years of negotiations still to come
Trade Ministers from 12 Pacific countries get together in Hawaii this week, to push for an agreement on the TPP, or the Trans-Pacific Partnership. The deal aims to create a broad pact accounting for 40 percent of world trade but, as Bloomberg's Paul Allen explains, it's attracting plenty of criticism. … [Read more...] about Trans-Pacific Partnership: Deal or no deal?
The Hanoitimes - The Hanoitimes would like to introduce the article "Agreement Trans-Pacific Partnership, opportunities and challenges - Our actions" by Prime Minister Nguyen Tan Dung. The Trans-Pacific Partnership (TPP) was signed on February 4, 2016 by 12 countries, namely Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Viet Nam, representing 40% of global GDP and 30% of global trade. This is a new-generation free trade agreement (FTA) which is expected to become a model for regional and international trade development with higher standards in the context of fast production force development, increasingly deep and wide international integration. Prime Minister Nguyen Tan Dung Viet Nam’s signing of the TPP was not merely the outcome of the five-year persevering negotiations under the spirit of both cooperation and struggle, based on the top objective of national interest. More profoundly, this is the fruit of the 30-year … [Read more...] about Agreement on the Trans-Pacific Partnership, opportunities and challenges – Our actions
The Hanoitimes - Economic ministers and and chief negotiators from 12 member nations signed the Trans-Pacific Partnership (TPP) agreement with the presence of the Prime Minister of New Zealand. The signing of TPP Agreement is a milestone promising that TPP will come into effect on time The signing ceremony took place in Auckland, New Zealand on the morning of February 4. Minister of Industry and Trade of Vietnam Vu Huy Hoang lead Vietnamese negotiator participated at the signing ceremony. Along with Viet Nam, the agreement’s initial signatories comprise Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, and the United States. At the signing ceremony, New Zealand Prime Minister John Key said his country was proud to be the host and an active member throughout the negotiation process. The TPP will help liberalise trade across the region and bring benefits to all members, he said. US President Barack Obama also welcomed the signing of the pact. … [Read more...] about Trans-Pacific Partnership just officially signed