A group of 67 countries, including the US, China and EU members, reached a deal at the World Trade Organization (WTO) yesterday on facilitating trade in services.

A recent research by Standard Chartered has listed Vietnam among the 13 markets driving future trade growth, and with its enhanced integration into the global economy, the country is holding numerous advantages for bolstering export, the Cong Thuong (Industry & Trade) newspaper said.

With a stable socio-political environment, improved infrastructure and a population of nearly 100 million, of which 70 percent are young and educated people, Vietnam will soon become a favourite destination for Australian investors, Deputy Minister of Foreign Affairs Nguyen Quoc Dung said on December 2.

Highlighting that India has a unique opportunity to stay ahead in terms of trade, Australian Prime Minister's Special Trade Envoy Tony Abbott on Friday said that China has weaponised trade and it is difficult to see Beijing as a trusted partner.

After months of contraction due to the COVID-19 pandemic’s impacts, production and export activities are recovering strongly, the Dau tu (Vietnam Investment Review) newspaper reported.

President Nguyen Xuan Phuc has asked ministries, agencies and businesses of Vietnam and Russia to seek ways lifting two-way trade by 15 times and tripling investment in the near future.

Canada is a promising market for Vietnam’s aquatic products, according to the Vietnam Trade Office in Canada.

Taiwan (China) will reduce the tariffs on dry skinned cashew nuts imported from Vietnam, from the current 16% down to 10% according to the Vietnam Economic and Cultural Office in Taipei.

The United States will delay its deal to remove tariffs on UK steel and aluminum because of concerns about post-Brexit trade rules affecting Northern Ireland, the Financial Times reported on Wednesday.

The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 52.2 in November from 52.1 in October, signalling a second successive modest improvement in business conditions following a period of decline caused by the fourth wave of the COVID-19 pandemic earlier in the year, according to IHS Markit.