World’s largest trade pact: RCEP facts and figures

Update: 17:11 | 17/11/2020

The Regional Comprehensive Economic Partnership (RCEP), signed last Sunday, is set to be the world’s largest trade pact when it takes effect.

World’s largest trade pact, RCEP, facts and figures, takes effect, Regional Comprehensive Economic Partnership
Vietnam inks world’s largest trade pact RCEP
The Regional Comprehensive Economic Partnership (RCEP) was signed Sunday by leaders of 15 Asia Pacific countries that make up 29 percent of global GDP.
 
World’s largest trade pact RCEP to provide fillip to Vietnam’s exports
The Regional Comprehensive Economic Partnership will give the Vietnamese economy access to a further one-third of the world’s population and attendant opportunities for export growth.
 
UK supports Vietnam to develop national trade repository
The establishment of Vietnam’s National Trade Repository (NTR), through the UK Prosperity Fund’s Global Trade Programme support, is expected to provide invaluable support to businesses expediting trade in goods and services with Vietnam and ASEAN.
 
More than 65,000 Bac Giang’s trade unionists benefit from welfare programme
(BGO) – Since July 2017, the Labor Federation in Bac Giang province has inked the cooperation agreement on welfare programme for members of trade union with 21 agencies and enterprises. 
 
Trade surplus rises to record high
Vietnam’s trade surplus hit a record $18.72 billion in the first 10 months of this year as imports slowed down amid the Covid-19 pandemic.
 
 
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