The Regional Comprehensive Economic Partnership free trade deal will take effect at the start of 2022 on Saturday.

The heavy impact of the COVID-19 pandemic makes 2021 an unprecedentedly difficult year for all sectors of the economy as well as import-export activities in particular.

The initial two-year segment of the “phase one” trade deal between America and China comes to an end on December 31st. Neither country is in a mood to mark the occasion. Mutual antagonism is as fierce as ever; a new American law banning goods made with forced labour in Xinjiang is the latest flashpoint. Still, it is a good moment to take stock of the economic outcomes of the Sino-American trade war. The verdict is unremittingly negative for both countries—with one important exception.

The UK steel industry is braced for an immediate slump in trade from New Year’s Day when European Union rivals will gain a 25% price advantage selling to the giant US market.

Export turnover of agricultural, forest and fishery products in Việt Nam reached a record high of US$48.6 billion this year, an increase of nearly 15 per cent compared to 2020.

The total export revenue of wood and other forestry products reached 15.87 billion USD in 2021, exceeding 20% of the year’s plan and up 20% over 2020, heard at a recent conference of the forestry sector.

Export-import turnover hit 668.5 billion USD in 2021, up 123 billion USD compared to the previous year and posting the highest growth ever.

More legal aid needs to be provided to small and medium-sized enterprises (SMEs) to help them quickly recover business, production and become stronger after the COVID-19 pandemic, legal experts have said.

Việt Nam’s pepper export turnover in 2021 is estimated to reach the highest level since 2018 thanks to higher export prices, but the global pepper market development looks set to be unpredictable in 2022.

Vietnam enjoyed a trade surplus of 4 billion USD in 2021, marking the 6th consecutive year in a row the country's export turnover is higher than its import revenue, General Director of the General Statistics Office (GSO) Nguyen Thi Huong said on December 29.