ISDS Case Map
Vietnam
During a visit to Mexico last week, Nguyen Thi Kim Ngan, Vietnamese National Assembly Vice Chairwoman, met with Senator Alberto Anaya Gutierrez, General Secretary of the Mexican Labour Party, to review the friendship between the two countries.
When commenting about TPP, experts all agree that this is for first time Vietnam joins the negotiations for multilateral FTA (free trade agreement) with such a fast pace, broad scope of issues to be touched, and a high level of commitment and complexity.
Jayant Menon discusses the trade policy challenges faced by Cambodia, Lao PDR, Myanmar and Viet Nam (CLMV)—the newest members of ASEAN. The paper concludes that the multilateralised single-rate system is a better alternative to the multiple-rate system and thus suggests that CLMV countries should follow the original ASEAN members and multilateralize their CEPT tariff preferences. It encourages both old and new members to do the same, especially in the context of proliferating ASEAN+1 FTAs
German Chancellor Angela Merkel will push for the conclusion of a free-trade agreement between the EU and Vietnam, which is of great interest to German firms, during her visit to the Asian country this week.
A top US trade official on Tuesday said he urged Vietnam to undo a number of trade-restrictive policies aimed at curbing inflation and reducing the country's current account deficit.
The US garment industry is supporting a "yarn forward" rule of origin proposed by the US Trade Representative (USTR) during the latest round of the Trans-Pacific Partnership (TPP) agreement negotiations. However, Vietnam presents a "special case".
Vietnam and the EU are now at the beginning of negotiations. Vietnam expects to benefit from exporting agricultural and aquaculture products to the EU market, while the EU hopes to export machines, equipment and automobiles to Vietnam.
More than 50 lawmakers voiced concern Wednesday about opening the US market to Vietnam's textiles under a proposed Pacific Rim trade pact, saying the move would devastate the domestic industry.
The progress in negotiations over a free trade agreement between Vietnam and EU has almost ground to a halt since senior officials of both sides early last year agreed to start the talks.
Until now, Vietnam has not signed any bilateral or multilateral trade agreements with provisions on labor standards. The TPP may change this.
