Mr. Warrick Cleine, Chairman & CEO of KPMG in Vietnam and Cambodia, tells VET how the CPTPP will affect Vietnam's economy in terms of trade and investment.

A red-hot economy, business-friendly policies and a Communist Party led by free-traders - this is the elevator pitch Vietnamese Prime Minister Nguyen Xuan Phuc is delivering to global investors amid the trade war between the United States and China.

According to a document on the European Commissionʼs (EC) website, the EC proposed the opening of negotiations of an agreement with the U.S. on the elimination of tariffs for industrial goods.

European Commission adopted on Friday (18 January) negotiating mandates to eliminate tariffs in all industrial goods, including cars, with the US, but also warned that the preparations to retaliate are “very well advanced” if Washington decides to slap fresh duties on European automobiles.

The U.S. Court of International Trade (USCIT) has told the the U.S. Commerce Department to readjust its high tariffs on oil country tubular goods (OCTG) from South Korea.

Vietnam and Hong Kong should promote investment, trade and service flows between the two sides to take advantage of a diversion of trade from China amid escalating tensions between the US and China, a banking official said.

Vietnam considers the US an important partner and is willing to bolster the bilateral ties in all fields, especially in economic cooperation, trade, investment, science-technology, and education and training, Deputy Prime Minister Vuong Dinh Hue has affirmed.

The garment and textile sector was forecast to suffer the most from goods origin regulations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Bui Kim Thuy, the country representative for Vietnam at the US-ASEAN Business Council.

Việt Nam and Hong Kong should promote investment, trade and service flows between the two sides to take advantage of a diversion of trade from China amid escalating tension between the US and China, a banking official said yesterday.

Whitehall’s Brexit department has enforced seven “gagging orders” on outsourcing firms and suppliers working on no-deal preparations, despite Theresa May’s previous criticism of such contracts.