Indonesian parliament adopts RCEP

Indonesian parliament adopts RCEP

Indonesia’s parliament on August 30 passed a law cementing the country’s membership of the Regional Comprehensive Economic Partnership (RCEP), making it the latest Southeast Asian nation to join the world’s biggest trade bloc.
Navigating tariff roadmaps for automobile imports

Navigating tariff roadmaps for automobile imports

The average tariff on imported cars in Vietnam has decreased from 49 per cent in 2015 to 12 per cent in 2020. As a result of changing car import tariffs over the past 5-10 years, Vietnam’s car imports shifted from high-tariff countries like India and China towards low-tariff ASEAN countries like Thailand (see graph). Several socioeconomic developments have triggered these changes.
Businesses begin to open eyes to wide benefits of RCEP

Businesses begin to open eyes to wide benefits of RCEP

Alhough the Regional Comprehensive Economic Partnership has only been valid for more than two months, it is already promising to provide Vietnam with major benefits, helping the country emerge as a more trusting investment arena and a larger exporter.
New deal promoting fruit and vegetable exports

New deal promoting fruit and vegetable exports

The Regional Comprehensive Economic Partnership coming in effect last week will enable Vietnam’s exports of more fruits and vegetables under official quotas to the deal’s member countries.
RCEP nears for key partner improvement

RCEP nears for key partner improvement

The Regional Comprehensive Economic Partnership, which is slated to come into force next year, will become a major driving force to spur investment and trade partnership between Vietnam and its key partners around the world.
RCEP helps Vietnamese agricultural products reach out to the world

RCEP helps Vietnamese agricultural products reach out to the world

The mammoth trade deal Regional Comprehensive Economic Partnership (RCEP) is expected to unlock more export markets for Vietnamese agricultural products, according to insiders.
RCEP may result in change in regional trade and investment flows: Cambodian expert

RCEP may result in change in regional trade and investment flows: Cambodian expert

Although the COVID-19 pandemic has interrupted the global supply chain and hurt regional economies, it may become a driving force for the signing of the Regional Comprehensive Economic Partnership (RCEP), said Chheang Vannarith, President of the Cambodian-based Asian Vision Institute (AVI).