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The United Kingdom said it has Vietnam's support to join a trans-Pacific trade deal, a boost for the country facing the dire economic impacts of Brexit and the coronavirus pandemic.

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Việt Nam is willing and ready to share its experience with the UK if the country wants to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

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In the foreseeable future, Thailand will be shying away from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The country lacks necessary preparedness and consensus for the high-end free-trade arrangement.

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The CPTPP Commission’s third meeting was held on August 6 and ended with the approval of a ministerial joint statement reiterating the members’ commitment to back trade liberalization, and multilateral trade.

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TRADE deal negotiators might know too well that reaching an agreement takes time, energy, composure and coffee.

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Ministers from a trans-Pacific trade bloc have agreed to fight protectionism and avoid food and medicine shortages during the coronavirus pandemic.

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It's the "Comprehensive and Progressive Trans-Pacific Partnership" , the CPTPP. It's been billed as a "next-generation" agreement, covering 11 nations and featuring a suite of comprehensive trade liberalisation measures, including tariff elimination, investment protection, and a raft of strong rules and regulations on services trade.

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One year after its coming into force, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has initially brought about positive effects for foreign trade activities; however, many opportunities from the agreement have not been fully explored.

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Exports from Vietnam to members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) increased sharply in 2019, according to a report from the Ministry of Industry and Trade (MOIT).

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The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been in force for Vietnam for 1.5 years, but the utilization efficiency has not been as expected. To avoid wasting opportunities from this FTA, along with the change of propaganda and support of State management agencies, the business community must improve its initiative and really participate.

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