Canada has ratified an interim post-Brexit free trade agreement with the United Kingdom that will allow the two countries to continue trading virtually tariff-free while Ottawa and London work on a more permanent trade deal, International Trade Minister Mary Ng announced Friday.

Maritime transport costs have skyrocketed in recent months as the impact of the COVID-19 pandemic takes its toll, pushing import-export companies into a lot of difficulties.

Vietnamese agricultural and fishery exports to China have encountered numerous difficulties caused by the COVID-19 pandemic due to the customs clearance capacity of goods at border gates yet to be operating at full capacity, according to the Ministry of Industry and Trade (MoIT).

Vietnam represents one of the potential export markets for several farm produce from the United States, especially high quality, safe, and healthy agricultural products.

Vietnam has been planning its 10-year socio-economic development strategy until the end of this decade, further renewal of the nation’s growth model needs to be promoted, with one of the key solutions to be placed on fostering the application of digital solutions. However, challenges remain among many businesses.

Bilateral trade between China and the European Union will maintain steady growth this year as the two sides have expanded a number of free trade programs to boost their economic and trade ties, experts and business leaders said on Friday.

The government has said the domestic economy could be boosted by about 2.7% as a result of the world’s largest free trade deal signed by 15 Asia-Pacific nations last year.

The Prime Minister recently issued Decision No. 339/QD-TTg on approving the strategy of developing Vietnam's fisheries to 2030, with a vision to 2045.

The Government’s Decree No.18/2021/ND-CP dated March 11, 2021 has added a stipulation on the exemption of export and import duties of goods in line with international treaties to which Vietnam is a member.

The Vietnamese Government has issued a Resolution approving the UK-Vietnam Free Trade Agreement (UKVFTA) and will complete procedures this month to officially bring it into force on May 1, Deputy Minister of Industry and Trade Dang Hoang An has said.