Search results

Malaysia Update | January 22, 2020
Authors: Kim Yaeger, Alberto Coria, Nick Zuroski     THE COUNCIL'S TAKE    

Vietnam Update | January 17, 2020
Authors: Hai Pham, Riley Smith and Minh Vu   LOOKING AHEAD    

SAVE THE DATE: 

Health & Life Sciences | January 15, 2020
Authors: Sunita Kapoor, Hai Pham, Nguyen Thi Phuong Thao and J-Ren Ong   LOOKING AHEAD    

Hanoi (VNA) – Vietnam recorded a trade surplus of over 1 billion USD with the 10 other members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in the seven months since the deal took effect in the country in January, according to the General Department of Vietnam Customs.

The CPTPP, one of the largest trade pacts in the world, covers 13.5 percent of global GDP and a market of about 500 million people. It gathers 11 countries, namely Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

It officially took effect in Vietnam on January 14 this year.

The authority further said the country’s exports to the CPTPP members like Japan, Canada and Mexico rose considerably in the first seven months of the year. The shipments to Japan reached 1.01 billion USD, Canada 546 million USD and Mexico 290 million USD.