WTO

Update news WTO

The blooming franchise business in Vietnam

 VietNamNet Bridge – As a consequence of Vietnam opening its markets in line with World Trade Organisation (WTO) commitments on January 1, 2009, the country has blossomed into a promising market for foreign franchisors.

WTO members fail to agree global trade deal

 The World Trade Organization says its 160 members have failed to agree a global customs pact drawn up in meetings in Bali last December.

National Assembly adds people's voice to FTA negotiations

 VietNamNet Bridge – Ngo Duc Manh, vice chairperson of the NA Committee on External Relations, spoke to the Viet Nam Economic Times about the important role of the NA in Free Trade Agreements.

BUSINESS IN BRIEF 3/1

 Danang port handles first cargo of 2014; Wood exports top US$5.3bln in 2013; Japanese retailer Aeon opens first VN mall; Shares end the year on a high; Ministry cuts fees on trade activities; Viettel outdoes VNPT second year in a row

Vietnam’s economy has never been sustainable

 VietNamNet Bridge – The General Statistics Office (GSO) on Monday convened a press conference to announce the country’s socio-economic development in 2013. On the sidelines of the meeting,

President: Vietnam hopes to conclude TPP soon

President Truong Tan Sang has told US Trade Representative Michael B. G. Froman that Vietnam will exert every effort to push up the signing of the Trans-Pacific Partnership (TPP) that involves both Vietnam and the US .

Pros and cons of Vietnam's entry into WTO

 VietNamNet Bridge – Vietnam’s entry into the WTO has helped boost agricultural exports, however it has also worsened the national trade deficit and may lower agricultural export surpluses in the future.

GOVERNMENT IN BRIEF 27/6

 New milestone in links between VN, Indonesia; FM to attend AMM-46 in Brunei; VN, Argentina vow to boost mutual support; President meets businesses in HCM City

Beijing welcomes President Sang

 VietNamNet Bridge – Vietnamese President Truong Tan Sang yesterday, June 19, started a three-day state visit to China at the invitation of Chinese President Xi Jinping.

VLA chairman warns of fiercer competition in logistics

VietNamNet Bridge – The chairman of Vietnam Logistics Business Association has notified that local logistics firms will have to cope with tougher competition in a very near future when Vietnam opens the market wider

WTO cuts 2013 global trade growth forecast to 3.3%

 The World Trade Organisation (WTO) on Wednesday cut its forecast for global trade growth in 2013 to 3.3 percent, from the previous prediction of 4.5 percent.

Tears of the middle class and the LV bag

It is incomprehensible for many foreigners when LV bags or Salvatore Ferragamo shoes priced at nearly $2,000 are sold well in Vietnam. But Vietnamese are familiar with this cryptic thing.

Vietnamese delivery firms run after foreign in the race

While international delivery firms have many years of experience and good infrastructure, domestic firms have made heavy investment in the field only over the last five years.

WTO membership fails to stimulate economic growth

VietNamNet Bridge – Economic growth has been lower than expected since Viet Nam joined the World Trade Organisation (WTO) in 2006.

Six years with WTO and the dream of three bowls of pho

The price for a bowl of "pho" at present remains the same with that in 2011. This is a rare thing because for many years, the growth rate of the essential food was relatively stable. However, it was the stability of the price growth, not the price.

Made-in-Vietnam in the fight to find a place

VietNamNet Bridge - Most of the anti-dumping lawsuits targeting the labor and environmental resources intensive industries. These are the "holes" vulnerable to trade defense measures for piercing.

Where will you go, Vietnamese products?

VietNamNet Bridge – The recent decision of the US to impose anti-dumping duties on Vietnamese catfish makes pessimists worry: will the liberalization of trade be washed away?

VFA opposes US anti-subsidy investigation

The Vietnam Fisheries Association (VFA) has protested against the US Department of Commerce (DOC)’s launch of investigation under an anti-subsidy lawsuit against frozen warm-water shrimp imported

Viet Nam rejects US claims of shrimp industry subsidy

Vietnamese seafood producers are prepared to embark on a long battle against a US Department of Commerce anti-subsidy investigation to see whether the country and six others have been engaged in unfair trade practices.  

Argentina slams EU, US over WTO trade complaints

 Argentina on Thursday condemned what it called "coordinated" charges of protectionism lodged against it by the United States and European Union at the World Trade Organization.