Experts urged enterprises to make preparations to be able to take opportunities arising from the Regional Comprehensive Economic Partnership (RCEP).

Experts urged enterprises to make preparations to be able to take opportunities arising from the Regional Comprehensive Economic Partnership (RCEP).

Officially in force since the beginning of this year, the world’s largest trade bloc in history, the Regional Comprehensive Economic Partnership (RCEP) further builds on free trade agreements within APAC and will push economic integration and shape future trade policy.

East Asia’s Regional Comprehensive Economic Partnership (RCEP) came into force in 2022 as the world’s largest free trade agreement.

Despite the headwinds of rampant trade protectionism, deglobalization and geopolitical tensions between Russia and Ukraine, the implementation of the Regional Comprehensive Economic Partnership (RCEP) has given a strong boost to trade between China and other RCEP members.

Vietnam is anticipated to enjoy the highest trade and income gains among members of Regional Comprehensive Economic Partnership (RCEP), according to a latest World Bank report.

A recent report from the World Bank offers a thorough analysis of how the RCEP can impact the economic atmosphere of its country members, including Vietnam. Here, Vietnam Briefing highlights the facts and statistics on why and how Vietnam, among other middle-income countries, could benefit the most from the RCEP.

Trade between China and members of the Regional Comprehensive Economic Partnership (RCEP) saw steady growth since the trade agreement took effect at the beginning of this year, official data showed Wednesday.

At the Nanning International Railway Port in south China's Guangxi Zhuang Autonomous Region, containers of mini tillers are loaded onto the China-Vietnam freight trains, ready for their cross-border journey.

With great opportunities and challenges from the Regional Comprehensive Economic Partnership, which has been in place for over three months, Vietnam has been taking drastic actions to protect local businesses and help them materialise windfalls from the deal.