[Round-up] TPP Salvaged in Vietnam, President Xi Calls for Broader, Deeper China-Vietnam Cooperation

Tuan Minh

09:25 13/11/2017

BizLIVE - Countries in the Trans Pacific Partnership (TPP) have reached an agreement to push ahead with the trade pact without the United States. Chinese President Xi Jinping has called on China and Vietnam to extend the breadth and depth of their comprehensive strategic cooperation.

[Round-up] TPP Salvaged in Vietnam, President Xi Calls for Broader, Deeper China-Vietnam Cooperation

Chinese President Xi Jinping and Vietnamese Prime Minister Nguyen Xuan Phuc. Photo: Xinhua

TPP Countries Agree to Move Ahead with Trade Pact without U.S.
Countries in the Trans Pacific Partnership (TPP) have reached an agreement to push ahead with the trade pact without the United States, by suspending some provisions from the original deal, Vietnamese and Japanese officials said on Saturday.
Ministers from the eleven TPP countries met this week on the sidelines of the Asia Pacific Economic Cooperation (APEC) summit in the resort city of Danang in Vietnam. The agreement now has been renamed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership).
President Xi Calls for Broader, Deeper China-Vietnam Cooperation
Chinese President Xi Jinping met here Saturday with Vietnamese Prime Minister Nguyen Xuan Phuc, urging the two neighbors to extend the breadth and depth of their comprehensive strategic cooperation, Xinhua reported.
He expressed satisfaction on the current development momentum of China-Vietnam ties, which now feature frequent high-level visits, deepening practical cooperation, vigorous people-to-people exchanges and close coordination on multilateral occasions.
Chinese Top Leader Begins State visit to Vietnam
General Secretary of the Communist Party of China (CPC) Central Committee and President Xi Jinping arrived in Hanoi on November 12 afternoon, starting his two-day State-level visit to Vietnam.
The visit was made at the invitation of General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong and President Tran Dai Quang.
Vietnam, Australia Look towards Strategic Partnership
Vietnam and Australia have agreed to soon upgrade their relationship to a strategic partnership on the basis of their enhanced comprehensive partnership and huge potential for cooperation.  
The consensus was reached during the talks between Vietnam’s Prime Minister Nguyen Xuan Phuc and his Australian counterpart Malcolm Turnbull within the framework of the APEC Economic Leaders’ Week in the central city of Da Nang on November 10.
Vietnamese, French Businesspeople Meet in Hanoi
Vietnamese and French businesspeople attended a get-together in Hanoi on November 10 on the occasion of Vietnam Entrepreneurs’ Day (October 13) and Vietnam Corporate Culture Day (November 10).
French Deputy Ambassador to Vietnam Olivier Sigaud said the free trade agreement between Vietnam and the European Union, which will be ratified and take effect in the near future, will make important contributions to promoting bilateral ties.
Vietnam’s Joining TPP to Benefit Export Firms
Vietnam’s engagement in the Trans-Pacific Partnership (TPP) will benefit her export businesses, President and CEO of the Asia-Pacific Foundation Stewart Beck said.
He described Vietnam as a big exporter of farm produce, aquatics, garment-textile, and processed products in an interview with Vietnam News Agency’s reporters in Da Nang.
Asia-Pacific CEOs Increasingly Looking at Vietnam
Asia-Pacific executives are increasingly looking at Vietnam as a market and means as they see the population is increasing but the economy is growing, and people have more income.
James Fatheree, Vice President of Asia of the U.S. Chamber of Commerce (AmCham) made the remark while giving an interview to Vietnam News Agency on the sidelines of the APEC CEO Summit 2017 held in the central city of Da Nang on November 8-10.
Vietnam Seafood Mulls Action on EU Warning
The European Union is ready to support Vietnam’s seafood industry, but it has to review its fisheries management and address its shortcomings, the First Counselor of the EU Delegation to Vietnam, Miriam Garcia Ferrer, told a meeting in HCM City on November 9.
The meeting, with officials from the Vietnam Association of Seafood Exporters and Producers (VASEP) and seafood export firms, was held after the country was last month served with a yellow card warning by the EU for failing to progress in fighting IUU (illegal, unreported and unregulated) fishing.
Vietnam-RoK Business Forum Aims to Boost Trade, Investment
A quarter-century of diplomatic relations between Vietnam and the Republic of Korea has yielded impressive progress, especially in investment and trade, said Kim Jaehong, Chairman of the Korea Trade-Investment Promotion Agency (KOTRA) at the Vietnam-Korea Business Partnership Forum held on November 10 in Hanoi.
Jaehong also said there were many Korean businesses interested in M&A deals in Vietnam. He hopes that the two countries can co-operate well in M&A activities, through which the two sides can collaborate in technology transfer and joint venture investment.
Lao Cai, China’s Yunnan to Soon Open Temporary Border Gates
Northern Lao Cai province and its Chinese neighbor, Yunnan province, will soon open extra temporary border gates and cross-border roads in an attempt to boost the two-way trade and facilitate travel of their people.
The information was revealed at a talk on trade and economic cooperation between the two provinces on November 10 held within the framework of the 17th Vietnam-China International Trade Fair which is underway in Lao Cai on November 10-15.
Finland Supports Vietnam Clean Energy
Finnish companies will continue to invest in the development of Southeast Asia, including Vietnam, particularly in the conversion of waste to power, according to Finpro, the national trade promotion office of Finland.
“Finland is a world leader in waste-to-energy technology, and this has proven to be a segment of singular interest to Vietnam,” said Saku Liuksia, Finpro’s program manager of waste-to-energy and bioenergy.
Spanish Fashion Retailer Opens Store in Hanoi
Hundreds of guests, including models and fashionistas, attended the opening of Zara, a Spanish Inditex store, in Hanoi on November 8 night.
The store, which features Zara clothing and accessories, is the second in Vietnam by the world’s biggest fast-fashion retailer. The first was opened in Ho Chi Minh City last September.

TUAN MINH

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