The handbook “Summary of TPP” was introduced to enterprises and trade associations at the conference “Trans-Pacific Partnership Agreement – What enterprises need to know” in HCM City on April 14.
TPP handbook introduced to southern enterprises. (Photo: rri.co.id)
HCM City (VNA) – The handbook “Summary of TPP”🍎 was introduced to enterprises and trade asso🍨ciations at a conference entitled “Trans-Pacific Partnership Agreement – What enterprises need to know” in Ho Chi Minh City on April 14.
The conference was organised by the World Trade Organisation Centre and the Vietnam Chamber of Commerce and Industry (VCCI).
Speaking at the event, Deputy Director of the VCCI in Ho Chi Minh City Tran Ngoc Liem said it is the first TPP handbook in Vietnam which summarises the main contents of the TPP with clear guidance for businesses. It was developed by the VCCI in close consultation with the TPP Negotiation Delegation of Vietnam.
The next two years are important for the government and enterprises to prepare for TPP which may take effect in 2018, he noted, adding that the VCCI will help domestic businesses understand the trade deal and utilise its benefits through various activities.
Consul General of Australia Karen Lanyon highlighted the positive impacts of TPP, saying it will give a boost to the economy and create more employment opportunities.
According to Lanyon, the Australian government has been assisting the development of small and medium-sized enterprises (SMEs) in ASEAN, including Vietnam. It pledged to provide the best support for the country’s businesses in stimulating economic growth as well as in global integration.-VNA
The Trans Pacific Partnership (TPP), which was concluded in early February, will bring opportunities to Vietnam's businesses, especially those in the textile, garment and footwear sectors.
A conference on the impacts of the ASEAN Economic Community (AEC) and the Trans-Pacific Partnership (TPP) agreement on the enterprises and economy of the Mekong Delta was held in Can Tho on March 30
The participation in the Trans-Pacific Partnership (TPP) is a driving force for Vietnam to fine-tune its legal framework and enforce laws on the environment, an official said.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.