Eleven remaining member nations to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have agreed to sign the deal at an official ceremony slated for March.
Japanese Economic Minister Toshimitsu Motegi (Source: AFP)
Hanoi (VNA) – Eleven remaining member nations to the Comprehensive and ProgressiveAgreement for Trans-Pacific Partnership (CPTPP) have agreed to sign the deal atan official ceremony slated for March, Japanese Economic Minister ToshimitsuMotegi said on January 23.
CPTPP is areplacement pact after US President Donald Trump pulled his country out of theTrans-Pacific Partnership (TPP) agreement in 2017.
The agreement wasreached during a two-day meeting in Tokyo, Japan, where chief negotiators ofthe 11 member nations addressed disagreements among them, including Canada’s restrictingforeign films to protect its cultural industries.
Japan plans toexplain the importance of the CPTPP to the US, the Japanese Minister said,hoping that the country will be convinced to join the agreement.
Previously inNovember 2017, trade ministers of the 11 nations, namely Australia, Brunei,Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnammet up in the framework of the APEC Economic Leaders’ Week in the central cityof Da Nang, and agreed to maintain the TPP after the US’s pull out.-VNA
Trade ministers from 11 member countries of the Trans-Pacific Partnership (TPP) have agreed on core elements of the pact, which is from now on called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
China’s Foreign Ministry affirmed that the Trans-Pacific Partnership (TPP) pact will not affect the prospects for the Regional Comprehensive Economic Partnership (RCEP) deal.
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.
The prime ministers of Australia and Japan committed to having the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed by March.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Japanese Economic Minister Toshimitsu Motegi (Source: AFP) 
