TPP

Vietnam's Diplomatic Efforts Fall Short as Trump Orders Massive Tariffs

15 hours ago

In a significant turn of events, Vietnam's attempts at maintaining favorable trade relations with the United States have been thwarted by the imposition of steep tariffs under the Trump administration. Despite Vietnam's extensive diplomatic efforts, the announcement of these tariffs signals a challenging chapter for the Southeast Asian economy.

Vietnam's Strategic Move: Tax Cuts on Imports to Mitigate Trump Tariffs

3 days ago

In a bold economic maneuver, the Vietnamese government has announced a series of tax reductions on select imported goods as a strategic response to the tariffs imposed by former President Donald Trump. This move aims to safeguard its economy and maintain its competitive edge in global markets, especially in light of rising geopolitical tensions and trade uncertainties.

China's Exports Surpass Japan's to Vietnam: A Shift in Global Supply Chains

3 months ago

In a significant development in the realm of international trade, China has reported that its exports to Vietnam have exceeded those to Japan for the first time. This landmark shift highlights the changing dynamics in global supply chains as companies re-evaluate their strategies amidst geopolitical tensions and evolving market demands.

United Kingdom Officially Joins CPTPP Trade Pact as Full Member

4 months ago

In a significant landmark decision for international trade, the United Kingdom has become a fully-fledged member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This milestone, formally recognized on December 15, 2024, exemplifies the UK’s commitment to engaging with dynamic economies across the Indo-Pacific region.

Vietnam's Prime Minister Predicts Strong Economic Growth for 2025

5 months ago

In an optimistic forecast, Vietnam's Prime Minister Pham Minh Chinh has projected that the country's economy could grow between 6.5% and 7% in 2025. This ambitious estimate reflects the government's confidence in the ongoing development and resilience of Vietnam's economic landscape despite global uncertainties.