What If The TTP Is Not Ratified? - News on 16 November 2016
What if the TPP is not ratified?
Donald Trump’s winning the US presidential election is expected to ‘put an end’ to the Trans-Pacific Partnership Agreement (TPP). Economist Tran Du Lich said it was still too early to talk about TPP ratification.
Though Trump is against the TPP, the ratification of the agreement will still depend on the US Congress. Meanwhile, Japanese Prime Minister Shinzo Abe has stated he will urge the US to approve the agreement. The statement was made after the Japanese House of Representatives approved TPP.
Vietnamese Deputy Prime Minister Pham Binh Minh who attended the Vietnam Summit 2016 held by The Economist in HCM City on November 3 said Vietnam joined TPP because it wanted to push up trade liberalization among the countries in Asia Pacific, thus bringing opportunities to Vietnam and other TPP member countries. Therefore, it wants to see other countries, including the US, ratify TPP. It is still too early to talk about TPP ratification. Though Trump is …
Vietnam’s English skills rank seventh in Asia
But experts say the ranking does not reflect accurately the quality of English in the country. Vietnam ranks 31st among 72 countries in the world and seventh among 19 Asian countries in English proficiency, according to the latest annual English Proficiency Index released today by the Swiss Education First (EF), a global language training company.
Vietnam scored an average of 54.06 on a scale of 100, standing behind Singapore, Malaysia, Philippines, India, South Korea and Hong Kong in Asia, according to the index. Last year, Vietnam ranked 29th out of 70 non-native English speaking countries.
The level of English proficiency among Vietnamese people has increased considerably in the last five years. From 2012 to 2014, the country was classed among a group of countries with “low level” English skills, but has now moved up to a “moderate level”. The southeast region and Red River Delta scored the highest points with 56.08 and 53.56, while the southern central …
Vietnam to tune up support industry to drive automobile growth
Low-tech and low-added value production is putting the brakes on the industry. Vietnam is targeting car manufacturing as a “spearhead industry” that could help it move up the global value chain.
Official data compiled by the Trade Ministry shows that Vietnam has more than 400 small-and medium-sized enterprises involved either in assembly or spare parts production, and nearly half of them are foreign-invested companies. Experts forecast domestic car makers will produce 50,000 units annually by 2035, spurred by rising demand and strong government support.
Vietnamese people last year bought a record-breaking number of 244,914 cars, said the Vietnam Association of Automobile Manufacturers, a 55 percent increase from 2014 sales. Statistics show Vietnam imported more than 125,000 units in 2015, a 77 percent jump from 2014. For 9-seat cars and smaller vehicles, the number reached more than 31,000 units, a significant increase of 104 percent compared to the previous year …
Vinh in world top 10 active scorers by country
Lê Công Vinh of Việt Nam is one of the top 10 active goalscorers by country, according to squawka.com, a web-app that delivers real-time data on football.
Vinh has scored 49 goals, and is expected to net some more as he is due to lead Việt Nam at this month's ASEAN Football Federation Suzuki Cup. In top position is Cristiano Ronaldo of Portugal. The Real Madrid striker has netted 58 goals. Argentinean Lionel Messi is second with 56 goals. He is followed by Wayne Rooney of England on 53. - VNS …
Vietnam actively supports Australia to combat people smuggling
The fourth law enforcement Joint Management Group (JMG) on People Smuggling meeting is taking place from November 15th - 17th in Ho Chi Minh city, to foster regional cooperation and progress counter people smuggling efforts across Asia.
The meeting is being co-hosted by the Vietnamese Ministry of Public Security and the Australian Federal Police. Law enforcement officials from Australia, Vietnam, Afghanistan, Bangladesh, India, Indonesia, Malaysia, Myanmar, Pakistan, Sri Lanka, and Thailand, will discuss emerging trends in people smuggling activity.
The fourth meeting of the JMG will focus on the links between organized crime and people smuggling, and the effects of global displacement. The need for greater capacity building for law enforcement officers in source and transit countries to pursue offshore disruption of criminal syndicates will also be discussed. Speaking at the opening of the Conference, Vice Minister of the Ministry of Public Security, Senior-Lieutenant …
Head Photo by: Gage Skidmore