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In the coming time, along with taking advantage of the EU-Vietnam Free Trade Agreement (EVFTA) which took effect from August 2020 and other signed agreements such as the Regional Comprehensive Economic Partnership (RCEP) and the UK-Vietnam Free Trade Agreement (UKVFTA), the granting of cultivation area codes and packaging facilities codes will be promoted with greater value, such that Vietnamese agricultural products can openly enter large markets with preferential tax rates. This is also a new opportunity for Vietnam’s agriculture sector to strengthen the fulfilment of standards for many commodities, accelerate exports right from the first months of 2021 to realise the target of exporting agricultural, forestry and fishery products for the whole year reached US$ 42 billion. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 25

Vientiane (VNA) – The completion and early signing of the Regional Comprehensive Economic Partnership (RCEP) is very important to the process of economic recovery in the region, said a member of the Lao negotiation team to the RCEP talks. RCEP is a free trade agreement in the Indo-Pacific region between the 10 member states of the ASEAN and its five FTA partners (Australia, China, Japan, New Zealand, and the Republic of Korea). India initially participated in the talks, but it withdrew in November 2019. The 15 negotiating parties account for 30 percent of the world's population and just under 30 percent of the world's GDP. … [Read more...] about Signing of RCEP to help post-pandemic regional economic recovery: Lao official

“Japan looks to be quite late in the game,” Rasmus Bech Hansen, the founder of British research firm Airfinity, told Reuters. “They’re dependent on importing many (vaccines) from the U.S. And at the moment, it doesn’t seem very likely they will get very large quantities of for instance, the Pfizer vaccine.” … [Read more...] about Japan likely to hit COVID-19 herd immunity in October, months after Olympics: researcher

In 2020, despite the pandemic, GLP, LOGOS and JD.com, the big players in warehouse and logistics, made substantial investments in both the north and the south of Vietnam. Vingroup, a large Vietnamese real estate developer, also joined the market with two new IZs scheduled to become operational in 2021.  … [Read more...] about Industrial land prices escalate as more multinationals head for Vietnam

Germanwatch's Global Climate Index examined the impact of two decades of extreme weather events, particularly the 2019 storm season, which produced hurricanes and cyclones that devastated parts of the Caribbean, east Africa and south Asia. … [Read more...] about 480,000 killed by extreme weather this century: analysis