(VOVWORLD) - Although the US withdrew from the Trans-Pacific Partnership agreement, ministers of 11 TPP members reached a consensus at APEC Week 2017 In November on a new TPP deal and called it the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Vietnam expects to benefit a lot from the new agreement once it takes effect.

(VOVWORLD) - Hai Phong City is implementing various measures to maintain last year’s leading position in foreign direct investment attraction against fierce competition with Hanoi and Quang Ninh.

(VOVWORLD) - Vietnam’s garments and textile industry is approaching the export target of 31 billion USD set for this year. Economists predict the sector will continue to prosper next year.

(VOVWORLD) - The aim of the draft Law on Special Administrative, Economic Units is to create a legal foundation for the formation, management, and operation of 3 special administrative-economic zones, namely Van Don in Quang Ninh, Phu Quoc in Kien Giang, and Bac Van Phong in Khanh Hoa province. The bill is expected to create breakthroughs in mechanisms and preferential incentives to boost economic development in these zones.

(VOVWORLD) - Attendees at the 2017 APEC Economic Leaders’ Week agreed to change the name of the TPP to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) without the participation of the US.

(VOVWORLD) - Vietnam’s stock market is becoming an important channel for mobilizing capital. State-owned enterprises are being equitized to improve governance capacity and financial transparency.

(VOVWORLD) - Hung Yen province’s economy has improved in recent years thanks to more investment in local industrial zones and incentives for domestic and foreign enterprises.

(VOVWORLD) - According to the World Economic Forum (WEF)’s Global Competitiveness Report for the 2017-2018 period, Vietnam ranked 55th out of 137 countries worldwide and 6th in the ASEAN region. The report said Vietnam’s higher ranking is due to its improved business environment.

(VOVWORLD) - The General Statistics Office reports that Vietnam’s GDP in the third quarter increased 7.46%, a record high in recent decades. With the current growth rate, Vietnam will likely realize its annual growth target of 6.7%.

(VOVWORLD) - Vietnam’s tourism sector has been working hard to improve its tourism products and services to attract more visitors and establish Vietnam as a popular tourist destination.