A diversified supply chain and numerous free trade agreements (FTAs) have set the stage for a strong comeback for Vietnam's footwear and textile sector, said experts and industry leaders.

Vietnam’s trade turnover is expected to hit $540 billion this year, marking a year-on-year increase of $23 billion.

Taiwan will submit an application to join the revamped version of the Trans-Pacific Partnership once it has finished informal consultations with its existing 11 members, talks which are ongoing, the island’s foreign ministry said.

President Moon Jae-in said Tuesday that South Korea is considering becoming a member of a major Asia-Pacific free trade agreement, known as the CPTPP, as part of efforts to diversify its export market.

According to the Minister of Industry and Trade Tran Tuan Anh, the participation in many new generation FTAs such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Vietnam-EU FTA (EVFTA) and the Regional Comprehensive Economic Partnership (RCEP) will create more development opportunities for the logistics industry

The Embassy of Vietnam in Canada in coordination with the Canada-Vietnam Trade Council on December 3 held a webinar on “Vietnam – Canada Trade in CPTPP: Ways Forward and Recommendations for the Post-COVID Era”, bringing together about 70 delegates from both sides.

Japan aims to expand a major regional free trade pact called the CPTPP, potentially catering for China's and Britain's interest in joining the deal, Prime Minister Yoshihide Suga said on Friday (Nov 20).

Taiwan would strive to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as it would be challenging for the nation to join the Regional Comprehensive Economic Partnership (RCEP)

As an open economy, our growth is very much dependent on the health of the global economy. Yet as the outlook for export-and-foreign investment-driven recovery remains grim, we cannot look to the world for help.

THE ratification of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) can contribute to Malaysia’s economic recovery by stimulating trade and investment.