A free trade agreement between Ukraine and Israel will come into effect on January 1, 2021, President Volodymyr Zelensky announced on Twitter on Nov. 24, after the Knesset, the Israeli parliament, ratified the deal.

Vietnamese businesses introduced their potential and strong export products in various fields to Israeli partners at a Vietnam-Israel consumer goods trade exchange that was held virtually on November 23.

Bilateral tensions between China and Australia are unlikely to jeopardise the China-Australia Free Trade Agreement (ChAfta) when it is up for its five-year review next month, trade experts say.

Institutional reform, deeper integration and digital transformation are important for Vietnam to recover the economy, which has been battered by the COVID-19 pandemic, President of Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc said on November 24.

The Regional Comprehensive Economic Partnership (RCEP) would not worsen the trade deficit Việt Nam was running with signatory markets, according to the Ministry of Industry and Trade.

WTO members considered six regional trade agreements (RTAs) involving countries and trading blocs from across the world at a meeting of the Committee on RTAs on 18 November.

Canada and the United Kingdom announced interim post-Brexit free trade agreement on Saturday.

Support industries for machinery manufacturing, electronics, and deep processing are forecast to attract greater foreign investment in the years to come, according to insiders.

Years of economic growth and success in fighting Covid-19 paved the way for Vietnam to receive shifting FDI inflows, but limited participation in manufacturing industries might hinder its progress.

Two-way trade turnover between the country and 14 nations involved in the Regional Comprehensive Economic Partnership (RCEP) agreement hit US$240 billion during the opening 10 months of this year, accounting for 54.6% of total Vietnamese import-export turnover.