Business and this is particularly important for Small Business vietnam is still a lower middle income country but its economy is growing at 7 percent it has a well developed textile and electric industries and 2018 vietnam delivered close to 38000000000. 00 euros worth of goods and services to the e. U. And vietnams 95000000 strong population represents major Market Opportunities for the block the newly agreed trade deal also protects intellectual property and requires adherents to the standards laid out by the International Labor organization those are encouraging signs for investors. But not everyone is happy that means activists have called on the e. U. To demand political reform from the vietnamese government especially its poor record on human rights and its curbs on free speech have come under scrutiny. Im not joined by claimants kobo hes with the german champs of commerce and joins us now from brussels jim as how important is this deal if you have no more to europe than a lucrative market in a factory floor with cheap labor good afternoon yes for the German Economy the steel is very important it is important to improve the trade ties with asia with this booming region and after the agreements with japan and with singapore this is now opening markets German Companies can profit from this elimination of trade barriers and they have invested already more than 1000000000 in the country not only in classical feels like textiles but also in new ones if you look at scooters or smartphones. So this is this deal is now helping business to make use of this and of course its also a very clear signal in times of growing protectionism from which our companies are. Suffering around the globe nearly day by day its a clear signal that rules based trait is the way to go and its also a signal of course to a trading partner as if you know gets the trade tensions between china and the u. S. 1000000000 of investment in bed number it sounds impressive but what else does good numbers really gain from this agreement. Well German Companies have invested war than 1000000000 they have created more than 25000 jobs on the ground and the legal guarantees in this agreement. Will lead to further investment we have trade relations with germany vietnam of 30000000000 they have increased 4 fold in the last 10 years and we increase we increase our projections to 20000000000 in the next 2 to 3 years also thanks to this agreement and i mean vietnam will get access to a market of 500000000 people a g. D. P. Economy of 80 times the one of vietnam and finally the agreement or soon to development of the country so the access to the e. U. Will be faster than the other way around. Over thank you very much thank you looks like opec will continue cutting oil supply as the organizations officials meet in vienna today trying to prop up the price of crude as the Global Economy weakens irans representative told reporters that joining Top Producers saudi arabia iraq and russia in endorsing the opec plan. If youre looking for an insight into the state of the Global Economy and the stations of geopolitical relationships the oil industry is a good barometer. Prior to the opec gathering in vienna Oil Production cuts had been the focus of discussion on the sidelines of the g 20 summit in the japanese to see of osaka. The most notable news that came out of those talks a commitment by opec heavyweights saudi arabia and nonmember russia to extend current production limits for another 9 months among the countries supporting that move all rich nigeria nigerias strong. This commendable. And supporting these. We believe that an extension of 9 months is preferred to 6 months. But if it seems like its all consensus in vienna think again. Opec member and major producer iran is expected to back that plan to prolong production cuts it will likely do so with its fists clenched. The countrys oil output has plummeted following the reintroduction of u. S. Sanctions and claims from washington and that it was responsible for last months attacks on tankers off the amorality coast are only adding fuel to the fire. Talk about fuel to the fire the womens world cup in france has captured the attention of us around the globe but the following numbers will also get people talking and there already are the socalled gender pay gap in football that means that female Football Players less than their male colleagues and a lot less have a look compare the average annual salary in the worlds richest football competition the premier league in england and youll see. Players on close to 3000000 euros on average last season in the Womens Super League average to just 30000 euros and the following number really brings it home the brazilian star name makes more than 36000000 a year if you average out the earnings over the worlds top 7 womens leagues you could pay 1700. 00 female players with that amount now lets talk about this a bit more with me in the studio is done in barcelona from our sports desk and also the previous life a professional Football Player a self played foot in norway spain and its no play in germany albeit not professional any more welcome than weve heard a lot about this huge pay gap in football but isnt that down to economics the she had numbers tickets sold viewing figures merchandise you would think that but then again id say why women say that the u. S. Womens National Team earns more from games than their men their male counterparts and nike just released a Statement Today saying that the u. S. Womens home jersey is now the most sold soccer jersey ever on nike dot com yet they still make far less still though they still make less money than their male colleagues even in the u. S. So where does that come from that well because now fact that football in general the men have a lot more time theyve had a lot more time to develop the sport than the women so naturally its going to be at a higher level in terms of you know sponsorship t. V. The playing level as well but you need to invest in the womens game to at least give them a chance to get to that level thats true but you mentioned earlier to me that if you look at a young footballer of 8 a promising talent but holmes to the young boy i would have to young go whats the difference that this is my problem with comparing mens or womens football because if you take a male professional player a messy a rinaldo when theyre young theyre going to go into. You know Manchester United real madrid Barcelona Academy theyre going to be trained by the best coaches in the best facilities with nutrition advice all kinds of advice theyre going to be groomed to become that professional whereas a woman is going to have maybe her dad coaching or the hairdresser of your city and then theyre going to have to work theyre going have to go to school and you know maybe can i go to football training tonight maybe not thats the difference you can expect them to be on the same level they dont have the same opportunities so the but you said that they are not on the same level the mens football is more powerful more than i make maybe even more fun to watch. For a large majority of people and yet. If im getting this right we dont want to say money today no its not about wanting the same money its about. Giving the women and nothing money so that the game can grow i mean this is this is business right so when do you invest in something when its here or when its here so i mean i spoke to a businessman who was also a director of one of the top clubs in sweden a womens club and he just couldnt understand why people wouldnt want to invest in womens football because the return on your investment can be so great and he was baffled at the responses you got from people even in u. S. So i mean. This is more money theyre coming into the sport now is that as a palpable yeah yeah for sure i mean weve seen you know the super league in in england they started investing they have a 10000000 pounds fonts are for the next 3 years even which a lot it took 9 years to fly it did it took a long time and its taking a long time but were making progress and the game is making progress and people are starting to see and the world cup right now is especially is a great platform for people to realize hey look you know women are have actually improved greatly even since the 2015 world cup the qualities hire the viewership the ticket sales the jersey sales everything even the players are better so the game is getting there its a perfect opportunity right now. Some women have taken the canadian. Football player have joined mens teams just to try it out is that a way for those that i dont think so personally because youre just ignoring all the physiological factors that you cant control men are bigger men are stronger men are faster in most cases but i think the majority of womens Football Players dont want to play in the mens leagues they want to play in their own league and be able to do that as a professional athlete and i dont think thats ridiculous to ask its not about paying them the exact same when they generate the same revenue then ok we can have that conversation the u. S. Womens National Team they can have that conversation right now but its about just giving them a little bit more investing a little bit more to grow the game. Thank you very much Donna Brazile and i think because inside she is. Thats it from me and you know business and her team here in britain over its check out. Of business dont go away t w news gears up next after this quick look at global markets. Aca. Climate change. Sustainability. Environmental projects. Give globalization. Biodiversity Species Conservation exploitation equality. Human rights displacement colby show the Global Impact of the local action. Global 3030 minutes on d w. Entering the conflict zone with tim sebastian. Ive been challenging those in power asking tough questions demanding of sounds. As conflicts intensify ill be meeting with kid players on the ground in the sensors and. Cutting through the rhetoric holding the powerful to account facts the conflicts the. Conflict zone within sebastian own d. W. Im askin the buy more not hard and in the end is a me youre not allowed to stay here any more we will send you back. Are you familiar with this. With the smugglers what alliances. Whats your story ready. I mean what numbers of women especially in victims of violence. Take part and send us your story you are trying in all ways to understand this new culture. Another visitor nothing yet you want to become a citizen. In for migrants your platform for reliable information. This is live from but the whole called prodemocracy demonstrators have stalled the spaces legislature smashing their way taking over the legislative chamber and spray painting county government slogans on the walls as part of continuing protests against a proposed chinese extradition bill also on the program iran breaks the terms of the 2050