The wood processing industry has seen a recovery in production after the fourth outbreak of COVID-19, thanks to the Government's supportive policies.

United States is "not in a position to rejoin" the CPTPP and will instead pursue creation of a "better" pact called the Indo-Pacific Economic Framework.

As the two-year deadline for the phase-one trade deal between the world’s two largest economies is approaching, all eyes are on the next step.

Vietnam's textile and garment exports rose to the second highest position in the world during 2020, according to a recent report by the World Trade Organisation (WTO). Enterprises in the industry have flexibly implemented many solutions to promote the production and exportation as well as improve competitiveness and position in the international arena.

Despite the difficulties in international trade activities brought on by COVID-19, exports of Vietnamese agricultural products to Australia have enjoyed positive growth thanks to their high quality, diverse brands, and trade promotion activities.

The Ministry of Industry and Trade (MoIT) has forecast that total import-export revenue this year may reach a new record, at between 640 - 645 billion USD, with a slight trade deficit.

The US Department of Commerce has recently announced it will not conduct an anti-tariff circumvention investigation against solar panels made in Vietnam, Thailand and Malaysia at a request by a group of anonymous businesses called American Solar Manufacturers against Chinese Circumvention (A-SMACC), according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade.

The trust of international brands in Vietnam's textile and garment sector is increasing again after the Vietnamese Government reopened after the Covid-19 pandemic.

A programme on branding and market development for Vietnam’s frozen tra and basa (Pangasius) is being held in Australia in November and December.

Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce Gross Merchandise Value (GMV) reaching 56 billion USD by 2026, 4.5 times the estimated value of 2021, according to a report by Facebook and Bain & Company.