The opportunities for the local firms are huge as the EU remains the second-largest import market in the world with a turnover of $2.16 trillion in 2020.

The Vietnam Cashew Association (Vinacas) held its 10th Congress for the 2021-2026 tenure in Ho Chi Minh City on February 26.

Minister of Industry and Trade Nguyen Hong Dien had a working session with Singaporean Minister for Manpower, and Second Minister for Trade and Industry Tan See Leng, on the occasion of President Nguyen Xuan Phuc’s State visit to Singapore from February 24 - 26.

Deputy Prime Minister Le Van Thanh has asked leaders of northern border provinces to work with Chinese authorities to set up a “common green zone” model to speed up customs clearance procedures and settle the congestion in border gates.

Foreign investment between Belgium and West Flanders in Vietnam is still limited due to the lack of information about the country, Vietnamese Ambassador to Belgium Nguyen Van Thao has said.

Pangasius export turnover in 2021 topped US$1.62 billion, up 8.4 percent over the same period last year. It is a spectacular comeback of the pangasius industry in 2021, announced the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD) on February 25.

Five years since the Trade Facilitation Agreement (TFA) entered into force on 22 February 2017, global trade flows are well positioned for a COVID-19 recovery on the back of WTO members’ steady progress in implementing the landmark Agreement. Director-General Ngozi Okonjo-Iweala said the TFA has helped support global supply chain resilience and called for further work to help economies withstand future challenges.

We briefly examine contents of the speedily finalized India-UAE CEPA and identify key beneficiaries of the trade deal. The CEPA will come in effect in less than 90 days and aims to grow two-way annual trade to US$100 billion – up from US$60 billion – in the next five years.

A rebound in domestic consumption demand and surge in exports are expected to be drivers for Việt Nam’s economic growth in 2022.

The export turnover of the fruit and vegetable industry reached 3.52 billion USD in 2021, ranking it amongst six groups of commodities with a turnover of over 3 billion USD.