News

EVFTA to introduce new dispute resolution tribunal

The European Commission and Vietnam’s Ministry of Trade and Industry have agreed on the final text for the EU-Vietnam Free Trade Agreement (EVFTA), formally concluding the legal review of the document.

  • EFTA States Sign New Free Trade Deals

    The European Free Trade Association (EFTA) states – Switzerland, Liechtenstein, Iceland, and Norway – signed a free trade agreement with Ecuador on June 25, 2018, and upgraded the bloc's existing free trade deal with Turkey.

  • Vietnam’s wood sector suffers pressure from China

    Vietnam earned 4.15 billion USD from exports of wood and wooden products in the first six months of this year, marking an increase of 8.4 percent compared with the same period last year.

  • China’s reduced import tax boosts Vietnam’s tra fish export

    On May 31, the Chinese Ministry of Finance announced an import tax reduction for 221 aquatic products from member states of the World Trade Organisation (WTO). Tariffs on tra fish fillets and fresh and frozen tra fish were cut from 10 percent to 7 percent, and from 12 percent to 7 percent, respectively from July 1.

  • Free Trade Agreement Between Canada And The Mercosur Member States

    The first round of negotiations for a comprehensive Canada-Mercosur Free Trade Agreement (FTA) took place in Ottawa on March 20, 2018. The Canadian Minister of International Trade, François-Philippe Champagne, welcomed representatives from the Mercosur member states of Brazil, Argentina, Paraguay and Uruguay.

  • Yuan fall worries Vietnamese firms

    They fear that strong Chinese exporters might sell their products in large quantities, taking advantage of the weakened currency.

  • IMF cuts Germany’s GDP forecast, cites rising protectionism and Brexit

    Berlin — The International Monetary Fund (IMF) on Thursday cut its 2018 forecast for German GDP growth to 2.2%, saying rising protectionism and the threat of a hard Brexit had exposed Europe’s biggest economy to significant short-term risks.

  • Georgia-Hong Kong Free Trade Agreement Signed

    A free trade agreement (FTA) between Georgia and Hong Kong was signed last week, according to the Ministry of Economics and Sustainable Development.

  • Britain must be willing to give ground to boost India ties: former UK envoy

    The UK government needs to be willing to give ground over issues of mobility and visas for a mature and successful relationship with India, former British high commissioner to India Richard Stagg has said.