Kenya and Russia to sign trade pact, President Ruto says
Kenya will sign a trade pact with Russia aimed at boosting cooperation between businesses, President William Ruto's office said on Monday, after hosting Russian Foreign Minister Sergei Lavrov in Nairobi.
US extends duties investigation into plywood from Vietnam
The US Department of Commerce (DoC) has announced that it will extend the deadline for issuing its final conclusion on an anti-dumping tax evasion investigation into plywood imported from Vietnam, according to the Ministry of Industry and Trade's Trade Remedies Authority.
Rice and essential goods – a bright spot in the export picture
While exports of textiles, wood, and seafood fell sharply in the first four months of the year, essential goods, rice and Vietnamese fruits exported to other countries grew upstream.
Vietnam emerges as major market for Korean chipmakers
Vietnam is quickly emerging as a major market for Korean semiconductor makers, which have been struggling amid sluggish chip demand in China, according to a report by the Bank of Korea (BOK), Monday
S. Korea to lower tariffs on major agricultural imports amid inflation
South Korea's finance ministry said Tuesday it has decided to apply tariff-rate quotas on eight major foodstuff imports to ease households' burden amid rising consumer prices.
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.
