The Phu Quoc Express Joint Stock Company’s high-speed boats will be run on the route, the first of its kind in Ca Mau.The boat which can transport 300 passengers can help to save much time for the travel between Ca Mau and Kien Giang. At present, people from Ca Mau Province have to travel for nearly 100 kilometres to Phu Quoc Island. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 5
Vietnam trading partners
EVFTA could turn Vietnam into new destination for manufacturers: Nikkei
In addition, the country is also part of a free trade partnership known as the Regional Comprehensive Economic Partnership (RCEP), which includes all of Southeast Asia, as well as Australia, China, India, Japan, New Zealand, and the Republic of Korea. Elsewhere, the nation is also seeking a trade deal with Israel, whilst local companies are urging it to begin negotiating an FTA with the US as soon as possible. … [Read more...] about EVFTA could turn Vietnam into new destination for manufacturers: Nikkei
Vietnam considers how to reduce its trade deficit with China
Another reason for the high deficit is that Vietnam mainly exports to China raw and fresh farm produce and seafood. Although Vietnam has exported some manufactured and processed goods to China, its total export value to this market remains incommensurate with the potential, Son said. … [Read more...] about Vietnam considers how to reduce its trade deficit with China
RCEP to send strong political signal about multilateral trading if signed this year: Indonesian official
Mr. Iman Pambagyo, Director General of International Trade Negotiations at the Trade Ministry of Republic of Indonesia and Chief of the RCEP Trade Negotiating Committee of ASEAN The deal will enter force perhaps two or three years; but at this point in time, this is a way for the sides to address sensitivities that they may have during the negotiations, he said. … [Read more...] about RCEP to send strong political signal about multilateral trading if signed this year: Indonesian official
PM Phuc: China, US are ASEAN’s major partners
Tensions between China and the US will certainly affect the globe, including ASEAN, PM Phuc said while answering reporters’ questions at a press conference on the outcomes of the 36th ASEAN Summit in Hanoi. However, he said relations between ASEAN and China as well as the US are subject to bilateral and multilateral cooperation frameworks. This is an important foundation for maintaining and strengthening economic cooperation between ASEAN and the two major world powers. … [Read more...] about PM Phuc: China, US are ASEAN’s major partners
