"The United States has announced it is suspending the submission of TPP to the parliament so there are not sufficient conditions for Vietnam to submit its proposal for ratification," Prime Minister Nguyen Xuan Phuc told the National Assembly, according to Reuters.

The TPP deal is a project of incumbent US President Barack Obama aimed at increasing American exports. The future of the trade deal is highly uncertain in the Republican-dominated Congress and with President-elect Trump calling the project a "disaster".

"TPP is now in the history dustbin for sure," Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics, told Politico last week.

Asian countries have reacted differently to the increasing likelihood of the trade treaty failure. Malaysia is focusing on a China-led trade agreement, while Japan has been seeking to revive the TPP.

"We already have signed 12 free trade agreements, so joining the TPP is good, but without joining TPP we will still continue to further the economic integration under programs we have joined," said the Vietnamese Prime Minister.

Among Vietnam’s free trade agreements is a deal with the Russia-led Eurasian Economic Union that came into power in October. Almost 60 percent of the tariffs between Vietnam and the bloc uniting Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan have been eliminated with another 30 percent expected to be eliminated in the next five to ten years.

"We are ready to cooperate with the United States for co-development on the principle of respecting independence, territorial sovereignty, causing no harms to each other. In that spirit, I believe the Vietnam-US ties will be better in the coming time," said Phuc.

Last week, Vietnam's trade minister said traditional exports like textiles, seafood and footwear would remain competitive even without the US deal.

Roskomnadzor, the watchdog, said it was acting to protect Russian Internet users' data. Russian law requires websites which store the personal data of Russian citizens to do so on Russian servers, something it said LinkedIn did not do.

LinkedIn, headquartered in the United States, has more than 6 million registered users in Russia. It is the first major social network to be blocked by Russian authorities, setting a precedent for the way foreign Internet firms operate.

LinkedIn's site would become unavailable in Russia within a day, the Interfax news agency cited Roskomnadzor spokesman Vadim Ampelonsky as saying. One Internet service provider, Rostelcom, was quick to say it had already blocked access to the site.

LinkedIn could not be immediately reached for comment.

It said in a statement earlier this month that the decision risked denying access to its site for millions of Russian members, including companies, who use it to grow their businesses.

The law requiring websites which store the personal data of Russian citizens to do so on Russian servers was introduced in 2014, but never previously enforced.

Critics see the move against LinkedIn as part of an attack on social networks in a country which has increasingly tightened control over the Internet in recent years.

(Reporting by Jack Stubbs; Writing by Maria Tsvetkova; Editing by Andrew Osborn)

It aims to eventually sell 1.5 million new energy vehicles (NEVs) annually by 2025, Heizmann told reporters ahead of the Guangzhou auto show, which opens on Friday.

"We have to do more in the NEV area. The government is pushing, the general environment in China is pushing that," Heizmann said.

Overall sales of NEVs in China more than quadrupled last year with rapid growth continuing in 2016.

Volkswagen will deliver its first locally produced NEVs, as battery electric and plug-in hybrid cars are referred to in China, under its Audi brand this year.

Audi AG (NSUG.DE) manufactures the vehicles in a joint venture with China FAW Group [SASACJ.UL].

Volkswagen also has a JV with SAIC Motor (600104.SS), and the two companies have plans to sell plug-in hybrid cars in China in the future.

Global auto brands are only allowed to manufacture cars domestically in China through ventures with local partners, with automakers typically limited to two JV partners.

Volkswagen said in September that it had signed a preliminary deal to explore making electric vehicles in a new joint venture with China's Anhui Jianghuai Automobile (JAC Motor) (600418.SS).

The deal is not final and is subject to approvals.

He said he was hopeful the government would allow what would be Volkswagen's third JV in China, with the government pushing for less-polluting vehicles.

"Normally the legal framework is you are only allowed to have two joint ventures. There is a special chance to have this additional joint venture just on pure battery cars," Heizmann said.

Initiated by the Hamburg Chamber of Commerce, the Hamburg Summit is a major Sino-European economic conference that aims to boost exchanges and tap business opportunities for entrepreneurs from both countries, according to organizers.

German and Chinese companies are increasing bilateral trade and investment in light of the initiative and also seeking cooperation opportunities in ports, transportation and industrial automation, Anke told reporters Tuesday in Shanghai.

So far, over 550 Chinese companies have set up offices in Hamburg and more than 700 Hamburg businesses are engaged in trade with China. In 2015, Hamburg port handled 2.5 million container units (TEU) from and to China, a third of all handled in the German port.

Chinese companies have also increased investment in Germany, according to Peter Rothen, consul general of Germany in Shanghai.

Chinese companies have showed strong interest in Hamburg's digital market.

In June, Spearhead, a Beijing-based company, acquired mobile advertising platform Smaato from Hamburg for $148 million. In April, Shanghai-based Youzu Interactive acquired Hamburg-based game developer Bigpoint with the aim of jointly building a global marketplace for online and mobile games.

Dutch chipmaker NXP is currently selling its high-tech semiconductor plant in Hamburg to a consortium consisting of Jianguang Asset Management and Wise Road Capital.

Abe spoke to reporters before leaving Tokyo's Haneda Airport for New York on Thursday for his first meeting with Trump.

Abe said it is an honor to be meeting the next US president ahead of other world leaders. He said that he hopes to talk with Trump about their dreams for the future.

He reiterated that the Japan-US alliance is the cornerstone of Japan's foreign and security policy, but said it requires mutual trust in order to function properly.

He said he hopes to build such a relationship with Trump and join hands in working for world prosperity and peace.

After meeting Trump, Abe will head to the Peruvian capital of Lima to attend a summit of the Asia-Pacific Economic Cooperation forum. US President Barack Obama, Chinese President Xi Jinping, and Russian President Vladimir Putin will also be attending the summit.

Abe plans to hold talks with Putin while in Lima.

After the APEC summit, he will visit Buenos Aires in Argentina for talks with President Mauricio Macri.