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Economic ministers of the ASEAN member countries have discussed orientations to promote the negotiation and signing of the Regional Comprehensive Economic Partnership (RCEP) agreement in late 2020.

(VEN) - Indian businesses are seeking opportunities for trade and investment cooperation in Vietnam.

OPEC countries failed to reach a deal as fellow key exporter Russia refused to agree to a cut in production. Member states say the cut is vital as oil prices have taken a hit during the COVID-19 outbreak.

(VEN) - The European Parliament ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) on February 12, 2020, marking an important milestone in the 30-year partnership between Europe and Vietnam. 

The International Monetary Fund and World Bank are ready to provide countries in need with immediate emergency funding to fight the coronavirus outbreak, a spokesman said last Thursday.

(VEN) - Two-way trade turnover between Vietnam and Sweden has maintained a stable growth rate. Vietnam has moved ahead to 24th place among the 30 major exporters to Sweden, surpassing the Republic of Korea, India, Hong Kong (China), Thailand and other ASEAN countries.

(VEN) - Vietnam Economic News’ Thu Hang, Nguyen Hanh and Thuy Duong sought the opinions of experts and businesses on the European Parliament (EP)’s ratification of the EU-Vietnam Free Trade Agreement (EVFTA) on February 12.

(VEN) - Vietnam is hoping transaction costs within the 11-nation bloc of the Association of Southeast Asian Nations (ASEAN) can be reduced 10 percent this year, with a view to doubling intra-regional trade by 2025, according to Luong Hoang Thai, Director of the Multilateral Trade Policy Department under the Ministry of Industry and Trade. 

The first Senior Officials’ Meeting (SOM 1) and related meetings of the Asia-Pacific Cooperation (APEC) forum 2020 (APEC 2020) took place in Malaysia’s Putrajaya city from February 20-22.

(VEN) - Representatives of the Eurasian Economic Union (EAEU) met with Vietnamese officials recently at the Kazakhstan Embassy in Hanoi to iron out wrinkles in implementing the Vietnam-EAEU Free Trade Agreement and discuss ways of enhancing its benefits for all sides. 

India emerged as the world’s fifth largest economy by overtaking the UK and France in 2019, says a report.

(VEN) - At the Vietnam-Laos Intergovernmental Committee’s 42nd meeting, Vietnamese Prime Minister Nguyen Xuan Phuc and Lao Prime Minister Thongloun Sisoulith agreed to promote bilateral energy cooperation. The Vietnamese Ministry of Industry and Trade is facilitating and implementing agreements on importing electricity from Laos.

(VEN) - Vietnam views its 2020 leadership of the 11-nation ASEAN bloc as an opportunity to contribute to the development of Southeast Asia and the welfare of the 650 million people who call the region home. That was the message conveyed by Prime Minister Nguyen Xuan Phuc on January 6 in Hanoi, where he addressed the launch ceremony of the ASEAN 2020 Chairmanship Year and website www.asean2020.vn.

The European Parliament (EP) on February 12 ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).

South Korea on Monday held the fifth round of free trade talks with a group of South American countries, including Brazil, with a goal of striking the deal this year.

(VEN) - This year marks a quarter century since the US and Vietnam established diplomatic relations.

The outbreak of the acute respiratory disease caused by the 2019 novel coronavirus (nCoV) has started impacting Indonesia’s tourism and export sectors, according to Indonesian officials.

(VEN) - The 71st Republic Day of India, marking the nation adopting its constitution, was celebrated in Ho Chi Minh City on February 4.

The European Union (EU) will emphasize the concept of a "level playing field" during the upcoming negotiations with the United Kingdom (UK) over a future comprehensive partnership, EU chief negotiator Michel Barnier said on Monday.

(VEN) - The signing of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) after years of negotiations marked an important milestone in bilateral commercial, economic and investment links between Vietnam and the European Union. The agreements will help promote the current strong partnership to a new unprecedented height for the benefits of the peoples and economies of Vietnam and the EU once it is fully implemented. Vietnam Economic News’ Nguyen Huong talked with EU Ambassador to Vietnam Giorgio Aliberti on the occasion of the 2020 Lunar New Year. 

(VEN) - 2020 marks the 45th anniversary of the establishment of diplomatic relations between New Zealand and Vietnam. Over the last four decades, the bilateral relationship has grown strongly, especially since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with both countries being members entered into force in early 2019. New Zealand Chargé D’affaires to Vietnam Keith Conway talked with Vietnam Economic News’ Nguyen Huong on the results of cooperation between the two countries.

(VEN) - The year 2020 will be a banner year for Vietnam as it assumes the chair of the 11-member ASEAN (Association of Southeast Asian Nations) bloc and takes its seat at the United Nations Security Council (UNSC) for the 2020-2021 term. Vietnam Economic News’ Thu Hang spoke with Minister of Industry and Trade Tran Tuan Anh about these key roles. 

(VEN) - Vietnam exported US$9 billion more in goods and services than it imported in 2019, an achievement partially attributed to the country’s efficient use of signed free trade agreements (FTAs). 

(VEN) - There are major opportunities for economic and trade cooperation between Vietnam and the Czech Republic, which has highly rated Vietnam’s economic growth in recent years and found it an attractive market for trade and investment.