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Former Australian Prime Minister Tony Abbott on Friday (Oct. 15) said that it is vital to invite Taiwan into the Comprehensive and Progressive Trans Pacific Partnership (CPTPP) to help strengthen the nation.

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The Ministry of Foreign Trade and Tourism has reported that the CPTPP has entered into force for Peru.

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The government is currently refining the draft amendments to three Acts as it moves towards ratifying RCEP.

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Membership bids filed just days apart by Beijing and Taipei have turned the 11-nation CPTPP trade bloc into the latest flashpoint in the push to build a global, rules-based trade order.

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Mr. Nguyen Quang Hung, Deputy Director General of the Directorate of Fisheries (Ministry of Agriculture and Rural Development) reaffirmed that Vietnam’s IUU "yellow card" will not be raised to a "red card" by the EC. It is expected that the IUU "yellow card" will be removed in 2022-2023.

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Vietnam and Singapore should further optimise free trade agreements (FTAs) in which both sides are members such as the CPTPP and RCEP to strengthen partnership among businesses of both countries, Minister of Industry and Trade Nguyen Hong Dien has proposed.

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Given the COVID-19 epidemic, the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn, according to an article posted on October 13 by The Business Times of Singapore.

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The World Bank (WB) in Vietnam has announced its latest update on Vietnam's economic performance which indicates the impacts of the fourth wave of the COVID-19 pandemic on Vietnam.

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Although heavily affected by the COVID-19 pandemic, the export turnover of agro-forestry-fishery products in the past nine months was estimated at US$35.5 billion, up 17.7% over the same period in 2020.

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