On September 15, the World Trade Organization (WTO) found that some U.S. Section 301 tariffs on Chinese goods are illegal. Washington took the news badly. U.S. trade representative Robert Lighthizer declared that the verdict proves the WTO is “completely inadequate.” Sen. Josh Hawley (R-Mo.) said the verdict was “more evidence that the WTO is outdated, sclerotic and generally bad for America.”

A workshop to promote economic cooperation between Vietnam and Germany took place in Hanoi on October 3, bringing together representatives from around 200 enterprises of the two nations.

The industry and trade sector is exerting all-out efforts to achieve the target of 300 billion USD in export turnover this year in the context that the COVID-19 pandemic is seriously affecting global trade.

China and the United States have been locked in a bitter trade war since president Donald Trump took office in 2016.

More and more Italian textile firms are investing in Vietnam to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and export to the European market, experts said.

With more positive developments in the world economy and the rapid recovery of China, the Vietnamese economy has foundations to hope for a strong economic recovery in the future, according to Duong Manh Hung, Director of the General Statistic Office (GSO)’s National Accounts Department.

Both nations have strong reasons to forge more robust economic and strategic ties

The long-awaited free trade agreement (FTA) between Colombia and Israel is finally in force. Even though the negotiation process began in March 2012, the FTA was signed in September 2014 after five rounds of negotiations, which ended on June 2013. However, it took eight years before the agreement finally came into effect for both parties on 11 August 2020.

Rejoining CPTPP would provide an important boost to US strategy on China

Canada represents a potential market for Vietnamese wood and furniture firms to expand into and increase their market share, according to experts at an online trade exchange held in Ho Chi Minh City on September 30.