Review Category : The Latest News & Events

After US President Donald Trump announced the US’ withdrawal from the Trans-Pacific Partnership (TPP) Agreement, history’s largest trade deal to date congregating around 40 per cent of the world’s economy seemed to have fallen through. However, the eleven remaining member states decided to go ahead with the deal and may well reach a revised agreement at APEC Vietnam this November.

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The HCM City  People’s Committee has approved the 1/2000 scale plan for the city’s second science and technology park to be built in District 9 at a cost of around VNĐ4.3 trillion (US$188 million).

To come up in Long Phuoc Ward near the Hi-Tech Park, the 200ha park will have distinct zones for research and application of advanced technologies, fabrication of high-quality products, incubation of start-ups and high-tech training for workers.

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Critics of global trade might find something to celebrate in the advent of 3-D printing.

Raoul Leering, head of international trade analysis at at ING, writes that growth in 3-D printing could wipe out almost one-quarter of cross-border trade by 2060. His review of the technology’s landscape kicks off this week’s economic research wrap, which also touches on innovation clusters, attitudes about men and women in the American workplace, and the demographics of art spending. Check back each week for a rundown of new and pertinent economic studies.

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The World Economic Forum’s latest global competitiveness list, released on Wednesday, ranked Việt Nam 55th overall, up five places from last year and 20 from five years ago.

The Global Competitiveness Report 2017-18 said the country had made notable improvements in all sectors, notably among the basic requirement factors (75th out of 137), including institutions, infrastructure, macroeconomic environment, health and primary education.

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