The Vietnam-EU Free Trade Agreement (EVFTA), although providing tax incentives and new preferential tariffs, will not create new incentives to improve competitiveness and open a wide market for Vietnam's timber products to be exported to the EU in the future.

Vietnam recorded a trade surplus exceeding US$10 billion by mid-August as exports continued to bounce back during the first half of August, according to the latest statistics compiled by the General Department of Vietnam Customs.

Days ahead of a final deadline, activation of a long-planned Algeria-EU trade deal risks unravelling as political and business leaders in the North African country warn it will undermine economic sovereignty.

TheUK has been told to shut down Brexit talks with the European Union and walk away with no deal in a move that would see Britain follow World Trade Organisation (WTO) terms, an Express.co.uk poll has found.

Australia has hit back against China's recent tariff threats as tensions with Beijing escalate to unprecedented levels.

The U.S. and China have agreed to go back to the negotiating table in the coming days to review the progress of their “phase one” trade deal, according to the Chinese commerce ministry. The “phase one” trade deal, signed in January, paused a damaging trade war between the world’s two largest economies that involved retaliatory tariffs being slapped on billions of dollars worth of goods.

The trend of shifting FDI investment to other countries, including Vietnam, is an opportunity for the domestic economy and the FDI sector to create a tighter linkage. However, the linkage between domestic enterprises and the FDI sector is still facing many difficulties, mainly due to shy domestic enterprises.

A number of localities which are home to large mango-growing areas throughout the Mekong Delta region have been striving to find new export markets following the suspension of mango imports by China due to a number of firms faking origin traceability codes.

As Covid-19 lockdown measures have forced employees to work from home and companies to upgrade their tech, demand for digital services globally has boomed. At the same time, demand for other service sectors, such as transport and tourism, has tumbled. According to a new report, the post-pandemic recovery and growth of cross-border trade in services, estimated to contribute more than half (55%) of all global trade flows, is expected to rely on digitalisation and the adoption of new technology.

With Vietnam possessing huge potential for development amid a strong digital transformation process, Singaporean technology firms are increasingly viewing the Vietnamese market as a key area for growth