Unlocking Australia and India’s trade potential
It is time for Australia and India to adopt an independent foreign policy and unlock their trade potential through the signing of a bilateral Australia–India free trade agreement (FTA). The bilateral FTA will bring mutual benefits for both countries, fostering inclusive economic growth and forming
Thai firms pocket big profits after buying major Vietnamese companies
In the last 10 years, powerful Thai corporations have spent big money acquiring many leading Vietnamese enterprises.
Great challenge to global trade
Global trade is facing many great challenges in the context of economic difficulties, the increasing trend of trade restrictions between countries, while the role of the World Trade Organisation (WTO) is at risk of being narrowed. Building a free, open and fair trade environment has been deemed an
New Zealand highly values potential for cooperation with Vietnam
Deputy Secretary for Foreign Affairs and Trade of New Zealand Vangelis Vitalis has expressed his belief in stronger trade ties between Vietnam and his country, saying that the two sides will expand their cooperation to other areas in the future.
The Indo-Pacific Economic Framework for Prosperity and What it Means for Vietnam
The Indo-Pacific Economic Framework for Prosperity (IPEF), an economic strategy proposed by the US, is a new attempt to revise the connection between the US and Asia-Pacific countries. As an open framework, the success of IPEF is still open to question as there are no trade provisions or
Strategy on rice export market development until 2030 approved
Deputy Prime Minister Le Minh Khai has just signed a decision approving the Strategy on Development of Vietnam's Rice Export Markets until 2030, which aims to develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure.
New FTAs: Market expansion expected
Vietnam’s export growth in recent years was attributed not only to business efforts but also to free trade agreements (FTAs). The Ministry of Industry and Trade (MoIT), therefore, is joining other ministries and sectors to negotiate and sign new FTAs.
First batch of liquid eggs exported to RoK
Vietnamese enterprise Vinh Thanh Dat Food has exported a batch of liquid eggs to the Republic of Korea (RoK) for the first time.
Fishery product exports unlikely to achieve US$10 billion
Exporters of fishery products could hardly achieve the target of US$10 billion in revenue this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The amount of remittances transferred to Ho Chi Minh City could reach 7 billion USD in 2023
The amount of remittances transferred to Ho Chi Minh City continues to grow well, expected to reach 7 billion USD in 2023, an increase of about 6-7% compared to 2022.
Foreign companies expand the hotel industry's reach in Vietnam
Foreign investors exploit favorable real estate prices for investment or purchase to fund the Vietnam hotel industry.
Argentina launches dispute against United States at WTO
Argentina has initiated a dispute against the United States at the World Trade Organization regarding tubular goods used in oil production, the trade watchdog said on Thursday.
Fruit exports to China: VN sells more goods, but makes less profit than Thailand
Both Vietnam and Thailand are big fruit exporters to China. However, Thailand can earn more money than Vietnam though it sells less fruit.
India, Australia free trade pact talks in June, July
Regarding the Comprehensive Economic Cooperation Agreement (CECA) negotiations between India and Australia, Foreign Secretary Vinay Kwatra on Wednesday said that they are planned in the month of June, and July respectively regarding the deadline set for CECA negotiations.
Utilise preferential tariff under FTAs to boost economic development
Vietnam is implementing commitments on preferential export and special preferential import taxes within the framework of the 15 Free Trade Agreements (FTAs) and two bilateral trade agreements (BTAs) with a coverage of more than 80% of Vietnam's import turnover. Participation in FTAs/BTAs creates a
Vietnam among largest rubber suppliers to RoK
Vietnam is currently the fourth largest rubber supplier to the Republic of Korea (RoK) after Thailand, Indonesia and China, according to the Import-Export Department under the Ministry of Industry and Trade.