Vietnam enjoys positive trade growth with CPTPP markets

Monday, 20/09/2021 16:54
Vietnam has benefitted from implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as two-way trade between it and other CPTPP markets rose 23.36% to USD52 billion during the seven-month period, according to the Ministry of Industry and Trade (MoIT), reported the Voice of Vietnam.

Vietnamese universities listed in THE World University rankings 2022

CPTPP opens up prospects for Vietnam’s exports to the Americas

Vietnamese goods appeal to CPTPP market


Vietnam witnesses robust export growth to CPTPP member countries (Photo: thoibaotaichinhvietnam.vn)

The value accounted for 13.86% of Vietnam’s total foreign trade turnover in the reviewed period, said the MoIT.

In July, trade exchanges between Vietnam and its CPTPP markets increased 22.16% year on year to USD7.9 billion.

July alone saw strong export growth recorded in a number of key export items, including machinery and equipment, spare parts, and phones and components.

However, several export items, such as textiles and garments, computers and components, and footwear experienced a downward trajectory to the market.

Exports to Japan, Singapore, Canada, and Malaysia in July endured a decline, while exports to Chile, Peru, and Australia increased significantly compared to June.

Meanwhile, almost all Vietnamese imports from the CPTPP markets witnessed an upward trend during the reviewed period, with the exception of coal, glass and glass products, pharmaceuticals, and paper products.

Notably, among key import items, the import of machinery and equipment increased slightly at 1.82%.

Overall, Vietnam posted a trade surplus of USD86.28 million with the CPTPP markets in the seven-month period, a decline of 75.94% against the same period from last year.

The CPTPP is a free trade agreement between 11 countries around the Pacific Rim, comprising Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

The trade agreement was signed by ministers of the 11 CPTPP countries in San Diago, Chile, in March 2018.

Times Higher Education places Vietnam National University in world’s top 800 in physical sciences

The Vietnam National University (VNU) - Hanoi remained in the 601-800th group among world’s universities in the Physical Sciences category in the Times Higher Education (THE) World University Rankings (WUR) 2022 by Subject, reported Vietnam News Agency.

Vietnam National University (VNU) - Hanoi (Photo courtesy of the university)

The subjects used to create this ranking include mathematics and statistics; physics and astronomy; chemistry; and geology, environmental, earth and marine sciences.

Based on the latest rankings, the VNU Hanoi’s Computer Science has entered the 501-600th group for the first time while its Engineering and Technology ranked among the 401-500th cohort.

The university is placed first in Vietnam in both of the subjects.

The weightings for the physical sciences ranking are Teaching; Research; Citations; International outlook; and Industry income.

Earlier, the VNU Hanoi had three subjects named in the Quacquarelli Symonds WUR by Subject, including Mathematics in the 401-450th group; Physics and Astronomy in the 551-600th; and Computer Science and Information systems in the top 501-550.

Photo contest launched to mark Phong Nha-Ke Bang National Park’s 20th anniversary

Entries are being invited for a photography contest on Phong Nha–Ke Bang National Park which was held to mark its 20th founding anniversary (2001 – 2021), reported Vietnam News Agency.

Entrance of hang Pygmy, the fourth largest cave on earth, located inside Phong Nha–Ke Bang National Park in central Quang Binh province. (Photo: nhandan.vn)

Both Vietnamese and foreign photographers aged 18 and above are eligible to take part in the competition, according to the national park’s management board that organize the contest.

Entries must be high-resolution photos depicting natural landscapes, forests, caves, native flora and fauna species and people’s daily life taken by professional cameras or smartphones inside the Phong Nha–Ke Bang National Park. They must have not been awarded in any other competitions locally or internationally.

They must be submitted to the contest’s official website https://anh.phongnhakebang.vn or via the email pnkb.cuocthianh@gmail.com before November 15.

Winners will be announced in November.

Located in the central province of Quang Binh, Phong Nha-Ke Bang is frequently referred to as the "Kingdom of Caves" for the magnificent specimens it hosts.

The 900 sq.km national park, which UNESCO labeled as a global heritage site in 2003, is home to over 300 caves and grottoes that date back 400 million years.

The karst formation of Phong Nha-Ke Bang National Park has evolved since the Paleozoic Era and is the oldest major karst area in Asia, according to TripAdvisor.

Around 30 caves are now open to visitors, which have created a tourism boom and given much-needed revenue to the once war-torn province.

In March, TripAdvisor readers selected Phong Nha-Ke Bang as one of the world's 25 best national parks.

It ranked 15th and was the only national park in Southeast Asia to appear on the list which took into account the quality and number of traveler reviews and ratings published on its website over a 12-month period./.

Compiled by BTA

RELATED NEWS

Comment
FullName
Email
Contents

/

Confirm