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
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Prime Minister calls for enhancing efforts to root out fraud
The PM entrusted the Ministry of Information and Communications to work with the MoPS, the State Bank of Vietnam and other agencies in strengthening supervision of websites and social network accounts of organisations and individuals that have committed acts of mobilising capital illegally, advertisement of goods on websites or social networks to prevent fraud. … [Read more...] about Prime Minister calls for enhancing efforts to root out fraud
COVID-19 could shake up realty rent market in Vietnam
According to a tenant survey from Savills, 57 per cent of participants hope landlords will revise the contracts and reduce 40-50 per cent of the rent, however, at the same time, the firm’s survey with landlords showed there was a reluctance to reduce rent too much, with many saying the maximum they could give is 30 per cent. … [Read more...] about COVID-19 could shake up realty rent market in Vietnam
