According to deputy chair of the Vietnam Wood and Forest products Association (Vifores), Vietnamese wooden furniture manufacturers have signed contracts to export products to Canada in 2019 totaling $300 million. The figure was less than $100 million a year in previous years.

Japan’s Foreign Ministry framed the move as “a powerful message from Japan to the world.”

Canadian Minister of International Trade Francois-Philippe Champagne has introduced legislation in the House of Commons for the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The legislation needed to ratify the pending Comprehensive and Progressive Trans Pacific Partnership trade agreement will be presented to the House of Commons before it rises for the summer, Canada’s international trade minister says.

Fundamental commitments of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and recommendations for businesses took centre stage of a conference co-hosted by the Vietnam Chamber of Commerce and Industry (VCCI) and the Ministry of Industry and Trade in Hanoi on May 22.

Japan’s lower house on Friday passed a bill to ratify the Trans-Pacific Partnership free trade pact, paving the way for its enactment before the current Diet session ends in June.

Vietnam’s industrial real estate sector stands ready to take off after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) comes into effect, experts have said.

Việt Nam’s turnover from textiles and garment exports to Australia is predicted to reach a double-digit growth after the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The withdrawal of the United States from the Trans-Pacific Partnership (TPP) under President Donald Trump almost immediately after his inauguration has raised a number of national policy and reform issues for its other members, especially Vietnam.

The other 11 member countries of TPP have decided to move ahead without the US, which once took the leading role in the deal.