Vietnam | Hanoi, 30 June 2019 Show EU-Viet Nam free trade agreement - Joint press statement by Commissioner Malmström and Minister Tran Tuan AnhJoint press statement by EU Trade Commissioner Cecilia Malmström and Minister of Industry and Trade Tran Tuan Anh on the occasion of the signing of the Free Trade Agreement and the Investment Protection Agreement between Viet Nam and the EU The European Commission (EC) and the Government of the Socialist Republic of Viet Nam welcome the signature of the Free Trade Agreement and the Investment Protection Agreement on Sunday, 30 June 2019 in Hanoi. Following the implementation of the Viet Nam – EU Comprehensive Partnership and Cooperation Framework Agreement (PCA), these agreements mark a milestone in our strong partnership. They will promote further economic development and reinforce trade and investment ties between Viet Nam and the European Union, thereby deepening our cooperation and strengthening our long-lasting relations. As the most ambitious free trade deal between the EU and an emerging economy to date, the agreements are based on the joint commitment of the two sides to open, fair, and rules-based trade liberalisation and economic integration. The agreements also further reinforce the EU's engagement with the Southeast Asian region, which contributes to the strengthening of cooperation between ASEAN and the EU, aiming towards closer trade and investment relations between the two regions. Following the signatures, the agreements will now be presented on the Vietnamese side to the National Assembly for ratification and on the EU side to the European Parliament for its consent, as well as to the respective national parliaments of the EU Member States in the case of the Investment Protection Agreement. We hope for a swift ratification of the agreements by these legislative bodies in the coming months, in order to allow our businesses, workers, farmers and consumers to reap their benefits as soon as possible. Both sides share a strong commitment to the effective implementation of both agreements and are cooperating closely to ensure full compliance with the obligations under these agreements. The EU will support Viet Nam through technical assistance in order to define and follow up on an implementation plan to facilitate the necessary reforms and adjustments, including in areas such as sanitary and phytosanitary measures and non-tariff barriers. Beyond their economic benefits, the agreements also aim at promoting sustainable development in both Viet Nam and the EU. In this context, both sides agree on the importance to ensure the implementation of the obligations under the Trade and Sustainable Development chapter of the trade agreement. The EU welcomes the recent positive steps taken by the National Assembly of Viet Nam on labour issues, namely the ratification of ILO Convention 98 on Collective Bargaining and the plan to adopt the revised labour code at its next session in the autumn of 2019. The EU also welcomes the plan of the Government of the Socialist Republic of Viet Nam to submit the ILO Convention 105 and 87 to the National Assembly of Viet Nam for the ratification procedures. The involvement of stakeholders in the implementation of this chapter in both the EU and Viet Nam, through Domestic Advisory Group, is also crucial for its effectiveness. The agreements are an integral part of the framework established by the EU-Viet Nam Partnership and Cooperation Framework Agreement, which governs our overall bilateral relations in various areas, including development cooperation, peace and security, trade and investment, judicial cooperation, social affairs, good governance, rule of law and other issues of common interest. The EU and Viet Nam look forward to continuing working together to ensure these ambitious agreements can deliver to their full potential. More on the EU-Viet Nam trade agreement
Pain trade is the tendency of markets to deliver the maximum amount of punishment to as many investors as possible from time to time. Pain trade is an informal term that lacks an exact definition, but it's commonly understood in a financial context to mean a trade, asset class, or market movement that inflicts substantial losses to those involved, at least in the short term. A pain trade occurs when a popular asset class or widely followed investing strategy takes an unexpected turn that catches most investors flat-footed. Under this definition, a sudden reversal in a niche sector or strategy would not qualify as a pain trade, since not many investors are likely to be in it. Pain trades sorely test the resolve of even the best traders and investors, since they must face the dilemma of whether to hold on in the hope that the trade will eventually work out, or take their losses before the situation worsens.
The periodic peaks and valleys in equity indices over the years provide a perfect example of pain trades at work. Consider the dot-com boom and bust of the late 1990s and early 2000s. As the Nasdaq soared and reached a record high in March 2000, technology stocks accounted for a disproportionate part of portfolios held by most investors and mutual funds. The subsequent collapse in technology stocks and the Nasdaq led to a recession in the U.S. and a global bear market, wiping out trillions of dollars in market capitalization and household wealth. The pain trade here was being long technology stocks, as the subsequent collapse in the sector reverberated around the world and had an impact on the broad economy. In general, pain trades manifest in overly crowded trades, where herding behavior leads a mass of actors to take the same position in the same strategy. For instance, the currency carry trade is a crowded trade that many people believe is a no-brainer. If that trade were to unwind, it would cause a lot of pain to many people and firms. In 2008, the pain trade was being long equities in general. The U.S. and many major global equity indices had reached record highs in the fourth quarter of 2007, despite a simmering credit crisis that was rapidly coming to a boil. The collapse of global equity markets in 2008 made this the biggest pain trade by far in terms of the number of people affected and the amount of wealth destroyed. More than $35 trillion, or 60 percent of global market capitalization, was wiped out within 18 months, while the global economy suffered its deepest recession and biggest financial crisis since the Great Depression of the 1930s. In the U.S., plunging housing and stock prices led to the greatest destruction of household wealth in history, even as the recession threw millions of people out of work. One month's pain trade sometimes turns into a long-run winning strategy. The strong recovery in global markets after the 2008-2009 financial crisis has proven that even pain trades can turn to gain over a period of time, with the Dow Jones Industrial Average and S&P 500 reaching new highs by 2013. However, rising yields in 2013 made the bond market the new pain trade for numerous investors in that year.
Trade trong tiếng Anh nghĩa là sự buôn bán, giao dịch, thương mại. Giới từ in mang nghĩa trong, ở trong, thu lại,… Kết hợp hai từ này thành cụm từ trade in mang nghĩa:
Cụ thể hơn: a way of buying a new car, machine, computer, etc. that involves giving your old one as part of the payment for it Nghĩa là một cách mua một chiếc ô tô, máy móc, máy tính mới, v.v. bao gồm việc đưa cái cũ của bạn như một phần của khoản thanh toán cho nó. Cụm từ trade in thường được dùng trong khi nói về việc trao đổi mua bán xe, máy tính, máy móc Ngoài ra, cụm từ trade in còn được dùng để nói về sự ly hôn để lấy một người khác thay thế (thường ý chỉ người trẻ hơn) 2. Cấu trúc và cách dùng cụm từ trade inCụm động từ trade in được dùng như một động từ bình thường. Tuỳ vào ngôi, ngữ cảnh miêu tả về hoạt động trong hiện tại hay quá khứ để bạn sử dụng đúng ngữ pháp, chia đúng thì của động từ trade. Cụm động từ này thường xuyên được sử dụng trong lĩnh vực kinh tế. 3. Ví dụ Anh Việt về cụm động từ Trade inĐể hiểu rõ hơn về cách dùng cụm động từ trade in với từng ý nghĩa, bạn có thể tham khảo những ví dụ minh hoạ dưới đây:
Trade in là cụm động từ được sử dụng phổ biến 4. Một số cụm từ liên quanLiên quan đến cụm từ trade in, chúng ta có một số cụm từ sau:
Ngoài trade in động từ trade có thể kết hợp với rất nhiều trạng từ Trade in là gì? Hiểu nôm na trade in là sự trao đổi cái cũ thành cái mới, giá trị của cái cũ có thể biến thành một khoản thanh toán cho cái mới. Hy vọng bài viết này của chúng tôi đã cung cấp cho bạn những thông tin bổ ích. Chúc bạn có những giờ học tiếng Anh vui vẻ và có hiệu quả cao. |