The Government recently issued Decree 46/2020/ND-CP stipulating customs procedures, customs inspection and supervision of goods in transit through the ASEAN Customs Transit System to implement Protocol 7 on the Customs transit system.

Local firms must outline a long-term vision and implement institutional reforms in order to maximise the benefits presented by the Comprehensive and Progressive Agreement for Trans- Pacific Partnership (CPTPP), according to insiders.

The increasingly widespread COVID-19 pandemic has greatly affected the operation of a number of Vietnamese agricultural exporters. It is essential for enterprises to receive support from local governments and look for a new direction for their products.

Leaders attending the online Special ASEAN+3 Summit on COVID-19 response, chaired by Việt Nam on Tuesday, shared experience and discussed concrete measures to stamp out the pandemic.

The ASEAN and ASEAN + 3 Special Summits on COVID-19 Response symbolise regional solidarity, said Secretary-General of ASEAN Dato Lim Jock Hoi in an interview with the Vietnam News Agency on Monday.

The ASEAN Secretariat has published its policy brief highlighting the economic impact of COVID-19 on ASEAN recently.

The EU-Vietnam Free Trade Agreement (EVFTA) was approved by the European Parliament in February 2020 and is expected to be approved by the National Assembly of Vietnam at its meeting in mid-2020. Although the COVID-19 outbreak may delay the meeting, the approval of the Agreement is a top priority.

Despite being hit hard by the COVID-19 epidemic, many Vietnamese businesses have been quick to catch up with the trends and switch to new products to gain decent growth amid the major shift in global consumption.

The Vietnam Steel Association (VSA)’s member enterprises suffered a strong reduction in production and business in the first quarter of this year due to the COVID-19 pandemic.

The Ministry of Industry and Trade (MoIT)’s Vietnam Trade Promotion Agency (Vietrade) has made a list of 5,000 exporters that need help in finding markets amid the COVID-19 outbreak.