Overview of Comprehensive and Progressive Agreement for Trans-Pacific Partnership
On December 15, 2024, the United Kingdom became the first European nation to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), officially becoming the trade bloc's 12th member.
On December 15, 2024, the United Kingdom became the first European nation to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), officially becoming the trade bloc's 12th member.
The statistical visualisation platform Seasia Stats recently ranked Vietnam among the top 15 economies in Asia, with projected economic output reaching some 506 billion USD in 2025.
Ha Long Bay, a breathtaking gem of Vietnam, was recognised as a World Natural Heritage site three decades ago, on December 17, 1994. This 30-year milestone not only marks a moment of pride for Vietnam but also underscores the immense responsibility that comes with safeguarding such a natural treasure.
According to a Nielsen IQ Vietnam survey, Vietnamese consumers spend an average of 13 hours per week watching livestream sales. The country ranks 11th globally for online shopping activity.
As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.
The southeastern region, the economic heart of the country, is riding a wave of profound growth model transformation, with the development of multiple high-tech and sustainable industrial parks.Innovative and sustainable growth models are being applied widely.
In the first 11 months of this year, Vietnam’s total import-export turnover reached 715.55 billion USD, up 15.4% against the same period last year, of which exports rose by 14.4% and imports up 16.4%. In the reviewed period, Vietnam enjoyed a trade surplus of 24.31 billion USD.
Quang Trach – Pho Noi 500kV circuit-3 power transmission line is a key project with a total investment of nearly 880 million USD. Spanning 9 provinces, the 519-km power transmission line plays an important role in enhancing the operational stability for the electricity supply system in the north in 2024 and following years, contributing to ensuring the national energy security.