return icon

E-portal about CPTPP launched

 The Ministry of Industry and Trade recently debuted a new website available at where citizen and enterprises can learn more about the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The Ministry of Industry and Trade recently debuted a new website available at where citizen and enterprises can learn more about the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).


Users can access to learn more about the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. - File Photo

The website provides general information about the trade deal as well as Viet Nam’s commitments in major sectors like goods and services trading, investment, Government procurement, intellectual property, labour and State-owned enterprises.

Detailed explanations for commitments were also provided for readers to better understand the trade agreement.

The website also includes helpful information for export companies, such as the commitments of member countries and those regarding the opening of services markets and investment for Vietnamese providers.

The portal also posted the full CPTPP text in both English and Vietnamese and relevant documents, including the Government’s plans for implementing the deal and legal amendments.

The ministry said that the website would be updated regularly to provide the latest information and regulations related to the CPTPP for citizens and enterprises to understand and grasp opportunities arising from the trade deal.

Eleven countries – Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore and Viet Nam – signed the CPTPP on March 8, 2018 in Chile.

The trade deal officially came into effect on December 30, 2018 for the first six signatories which completed the approval procedures for the trade deal, including Mexico, Japan, Singapore, New Zealand, Canada and Australia.

For Viet Nam, the National Assembly approved the trade deal and relevant documents on November 12. The CPTPP came into force for Viet Nam from January 14.

CPTPP members committed to eliminate between 97 and 100 per cent of tariff lines on products originating from Viet Nam. — VNS



Vietnam to become “new Asian tiger”: Italian journal

Vietnam to become the worlds chip production center

In the first eight months of this year, phones and electronic components have the most prominent export turnover in our country, reaching nearly 40 billion USD.

Currency stable amid fresh Fed hike

Despite the US Federal Reserve’s latest interest rate hike, the Vietnamese currency has seen only limited depreciation when compared to the currencies of its regional partners.

Typhoon Noru causes property losses to central Vietnam

Super typhoon Noru weakened into a tropical depression after entering the central region of Vietnam Tuesday night, damaging houses and uprooting trees.

Vietnam among world’s best performers in digital banking: Official

Vietnam is among the world’s best performers in digital banking, with around 15 trillion VND in total poured into digital transformation, said Le Anh Dung, Deputy Director of the State Bank of Vietnam’s Payment Department.

Vietnam to eliminate dog-transmitted rabies deaths by 2030

Vietnam needs to adopt lessons learned and work closely with local governments to ensure fewer deaths from rabies.

Huge profits expected from industrial real estate sector

Many businesspeople are pouring money into industrial real estate projects amid Vietnam’s macroeconomic stability and its position as a favorite destination for foreign investors.

3.8 million hectares of rice will be under open plan, not fixed: minister

Vietnam’s agriculture is experiencing a restructuring in order to increase seafood and fruit production, and to decrease rice production.

Interest subsidy package and tourism development receive VND18.5 trillion

The prime minister has decided to provide extra funding to the tourism development fund and the preferential credit package access to soft loans with an interest rate discount of two percentage points.

State Bank of Vietnam drains VND57.6 trillion from market

The State Bank of Vietnam (SBV) withdrew a net amount of VND57.6 trillion from the market to keep liquidity in the banking system scantly sufficient, which is an apparent move to buoy interest rates.

Vietnam grosses US$77 billion from phone, component, and electronic exports

Vietnam raked in approximately US$77 billion from the export of phones, components and computers, electronic products and spare parts during the opening eight months of the year, according to the Ministry of Industry and Trade.

Vietnam invests nearly US$400 million abroad over nine-month period

Vietnam’s new and adjusted investment capital overseas during the initial nine months of the year reached nearly US$398.3 million, according to details given by the Ministry of Planning and Investment.

PM calls on Warburg Pincus to increase investments in Vietnam

Prime Minister Pham Minh Chinh on September 28 suggested the US-based global growth investor Warburg Pincus to further its effective coordination with Vietnamese agencies to increase long-term and sustainable investment in the Southeast Asian nation.

Cuban Prime Minister arrives, begins official friendship visit

Cuban Prime Minister Manuel Marrero Cruz leading a high-level Government delegation of Cuba arrived in Hanoi late September 28, beginning an official friendship visit to Vietnam at the invitation of his Vietnamese counterpart Pham Minh Chinh.

Crab noodle soup: A must-try specialty of Quang Ninh

Quang Ninh is widely known for the UNESCO world heritage site, Ha Long Bay, but few know about its famed crab noodle soup.