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(VEN) - More than 500 years of commerce between Europeans and Vietnamese peaked last month, with the European Commission submitting for approval a free trade agreement with Vietnam, its first comprehensive open market deal with a developing Asian country.

Prime Minister Nguyen Xuan Phuc led a Vietnamese delegation to the 21st ASEAN Plus Three Summit (with China, Japan and the Republic of Korea) in Singapore on November 15.

ASEAN and Russia decided to lift their relations to strategic partnership by adopting a joint statement on Strategic Partnership at their third Russia-ASEAN Summit in Singapore on November 14.

Prime Minister Nguyen Xuan Phuc said the Regional Comprehensive Economic Partnership (RCEP) needs to be in the form of a cooperation framework that fosters trade and investment, rendering common prosperity for the region.

Economic growth in the energy-rich Gulf will recover in 2018 from a contraction last year, but remains vulnerable to volatility in crude oil prices, the International Monetary Fund (IMF) forecast on Tuesday.

Deputy Prime Minister Trinh Dinh Dung and President of the Council of State and Council of Ministers of Cuba Miguel Mario Diaz Canel Bermudes chaired a dialogue with Vietnamese and Cuban firms in Hanoi on November 9. 

A Vietnamese delegation led by Deputy Minister of Industry and Trade Tran Quoc Khanh attended the ASEAN Economic Community Council Meeting and the Preparatory Meeting of the ASEAN Economic Ministers’ Meeting in Singapore on November 12. 

Myanmar earned nearly US$436 million from exporting rice and broken rice from April 1 to October 26 this year, according to the Myanmar Rice Federation (MRF).

The Netherlands is keen on cooperating with the Mekong Delta region and Vietnam in general in boosting commercial agriculture growth in a manner beneficial to both humans and the environment, stated Dutch Ambassador to Vietnam Elsbeth Akkerman on November 9.

Indonesia’s economy has slowed down slightly in the third quarter of 2018, lower than the previous quarter’s growth due to capital outflows, weaker exports, and household spending.

Ho Chi Minh City welcomes experts from New South Wales to visit and share their experiences in the fields of their strength, notably innovation, startup ecosystem development, and smart city building, a municipal official has said.

The 2018 Vietnam Trade Fair in Cambodia, themed "Friendship, Cooperation and Development", kicked off on November 7 at the Diamond Island Convention and Exhibition Center, in Phnom Penh, Cambodia.

Approximately 71% of European businesses operating in Vietnam expect an increase in order volume or revenue in the fourth quarter of 2018 according to the latest data from the Business Climate Index (BCI) conducted by the European Chamber of Commerce in Vietnam (EuroCham) on the business sentiment among European companies in the third quarter of 2018.

Prime Minister Nguyen Xuan Phuc has expressed his wish that investors from the Republic of Korea (RoK) and the SK Group in particular would continue expanding their business operations in Vietnam.

Chinese Vice President Wang Qishan advocated reform, innovation and common development at the New Economy Forum, which gathered about 400 prominent political and business leaders here on Tuesday.

Hanoi attaches importance to cooperation projects in climate change adaptation and environmental protection between its Hoan Kiem district and Lichtenberg district of Berlin, Germany, said Chairman of the municipal People’s Committee Nguyen Duc Chung.

The Malaysian government on November 2 submitted to the legislature the 2019 Budget, which is expected to help restore the Malaysian economy as an Asian Tiger, according to the New Straits Times.

Prime Minister Nguyen Xuan Phuc has welcomed Shanghai firms to do long-term business in Vietnam, especially in the high-tech supporting industry and logistics.

Communist-run Cuba’s economic growth will come in at around 1 percent this year, compared with the 2 percent previously forecast, due to a fall in exports and tourism revenue, state-run media reported over the weekend.

Vietnam always attaches importance to developing the friendly, stable, healthy and sustainable relationship with China, considering this one of the top priorities in the country’s foreign policy, said Prime Minister Nguyen Xuan Phuc.

Deputy Prime Minister Vuong Dinh Hue on November 3 received a French business delegation led by Thierry Mathou, Director for Asia at France’s Ministry for Europe and Foreign Affairs.

President Xi Jinping’s attendance at the first China International Import Expo shows the country’s determination to expand its opening-up policy as the event injects more growth momentum into economic globalization, senior commerce officials said on Monday.

Vietnam attaches importance to the traditional relationship with Germany and wishes to further enhance bilateral collaboration, especially in economy and trade.

Prime Minister Nguyen Xuan Phuc received Polish Ambassador Wojciech Gerwel in Hanoi on October 31, noting that having served as a trade counsellor in Vietnam for many years, the diplomat will bring bilateral economic and trade ties to a new level.