Vietnam has seven manufacturing goods with export revenues reaching over US$1 billion each in the first two months of 2020, according to the Ministry of Industry and Trade (MOIT).

Vietnam plans to develop an early warning system for trade defence by 2025, aiming to promote sustainable exports.

Throughout his campaign and the early years of his presidency, Donald Trump promised to fundamentally reshape US–China trade policy. The conclusion of the ‘phase one’ trade deal, agreed to by the two countries in mid-January, provides an opportunity to assess what has been achieved so far.

The 26th ASEAN Economic Ministers (AEM)’ Retreat has approved Vietnam’s 12 prioritised initiatives on economic cooperation in ASEAN during the ASEAN Chairman Year 2020.

The ASEAN Business Advisory Council (ABAC) proposed initiatives to promote ASEAN investment through trade facilitation at the ASEAN Economic Ministers (AEM) and ABAC Consultation in Vietnam’s central city of Da Nang on March 10.

“One Vision, One Identity, One Community.” That’s the motto of the Association for Southeast Asian Nations (ASEAN), a regional intergovernmental organisation made up of 10 countries: Brunei, Cambodia, Indonesia, Lao, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

ASEAN countries have agreed to try and persuade India to return to the negotiating table for the 16-nation Regional Comprehensive Economic Partnership (RCEP) trade deal.

The Ministry of Industry and Trade will continue to support local businesses after the coronavirus epidemic ends, a top official has said.

To make best use of opportunities, especially to promote the export of goods to the EU when the Vietnam-EU Free Trade Agreement (EVFTA) comes into effect, setting up a plan of action, completing the legal framework, ensuring to meet the rules of origin of goods...are the jobs that have been strongly implemented by ministries and branches.

The textile and footwear industry must pay more attention to the origin and quality of exported products.