VICE-PRESIDENT of the African Development Bank (AfDB) Solomon Quaynor has said the implementation of the African Continental Free Trade Area (AfCFTA) could lead the recovery from the Covid-19 crisis.

The Regional Comprehensive Economic Partnership (RCEP) will boost the development of new supply chains. It is the information given at the seminar on trade remedies amid the context of joining free trade agreements (FTAs)

China’s attempt to further consolidate regional economic power by pushing forward a trilateral free-trade agreement with Japan and South Korea has been met with both political and industrial complications, despite the conclusion this month of the RCEP, the first region-wide free-trade deal.

Vietnam is continuing to feel the economic impact of Covid-19 – as is every country around the world. Since August, however, the country has been boosted by the signing of a free trade deal with the European Union (EU).

Vietnamese Ambassador to Mexico Nguyen Hoai Duong visited Jalisco state in the west of the country from November 23 to 25 to boost bilateral cooperation in trade, investment, culture, and education, and to attend the opening of an honorary consulate.

Bright prospects emerging from newly-signed Free Trade Agreements (FTAs) are anticipated to increase export opportunities for paper enterprises, according to the Vietnam Pulp and Paper Association (VPPA).

The extent of the global economy's dependence on China is becoming clear.

Recently signed agreements between Turkey and Qatar are expected to boost the bilateral trade volume between the two countries while paving the way for business cooperation in third countries.

Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Việt Nam and seek to develop supply chains here, experts said.

Vietnam’s textile and garment industry is predicted to earn about 33.5 - 34 billion USD from exports in 2020, higher than the forecast of 30-31 billion USD in April, and down 14-15 percent year-on-year.