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Vietnamese aquatic exports this year are forecast to see an upward trend, reaching 2.1 million tonnes worth US$9.2 billion, marking a rise of 3.9% in volume and 3.5% in value over the previous year.

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Vietnam’s fruit container trucks have been allowed custom clearance through China earlier than expected despite China's original plan to cease custom clearance for a week for the Lunar New Year holiday.

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China will put to trial part of the rules of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in some of its pilot free trade zones, according to the customs authority. It will also actively facilitate the construction of platforms for opening up and promote innovation of customs supervision mechanisms for those zones, to be replicated elsewhere later.

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As rising shipping costs crimp trade in goods, trade’s contribution to the pandemic economic recovery is ever more reliant on digitally delivered services. Yet digital service providers are contending with a regulatory onslaught that generates risk premia and is holding back growth. Whether via binding trade obligations or widely-accepted best practices, maximizing the contribution of digital services to the recovery depends on curbing policy uncertainty.

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In January 2022 Indonesian Minister for Coordinating Economic Affairs Airlangga Hartarto said the Indonesian government aims to ratify the Regional Comprehensive Economic Partnership (RCEP) trade agreement in the first quarter of 2022. Just like the Philippines and Myanmar, Indonesia is still to ratify the RCEP even though this agreement already took effect per 1 January 2022.

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New data show that China effectively bought none of the additional $200 billion in goods it promised to as part of a 2020 trade deal.

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CANADA has threatened to unleash a Brexit bombshell on Britain sending alarm bells ringing across the country.

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A series of large consignments of many industries have been exported to other countries before and during the Tet (Lunar New Year) festival signal hope for Vietnam’s export.

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Vietnam’s recovery is set to gather momentum in 2022, as domestic demand rebounds and export performance remains strong, according to Fitch Ratings.

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The Government has issued a resolution on socio-economic recovery and development programme, and the implementation of the National Assembly’s resolution on fiscal and financial policies in support of the programme.

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