2020 is the perfect year for beginning negotiations for a U.S.–Taiwan free trade (FTA) agreement. After progress on the U.S.–Mexico–Canada Agreement, phase one of the U.S.–China Economic and Trade Agreement, and the U.S.–Japan Trade Agreement, Taiwan is the obvious next trading partner for the United States. As China pressures countries to disregard Taiwan’s participation in international organizations and regional trade pacts, and as Beijing continues to increase its own efforts to make Taiwan’s economy more dependent on China, the timing is crucial. An FTA with Taiwan is long overdue and the U.S. should delay no longer.

Ng quiet on U.S.-China trade deal, as fight for WTO reform continues

Britain set out the type of deal it wants with the European Union on Monday, defining post-Brexit relations between the world’s fifth largest economy and its biggest trading partner.

Vietnam expects the ASEAN-Hong Kong Free Trade Agreement (AHKFTA) to boost the country’s exports of farm produce, aquatic products and processed food.

Vietnam has been unable to see growth in exports to all member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to the country’s ministry of industry and trade. In 2019, export value surged by 28.2 per cent year on year to $3.86 billion to Canada and by 26.8 per cent to $2.84 billion to Mexico.

This year is believed to be a brighter year for the domestic tra fish industry with exports inching up in the first quarter, according to an official from the Việt Nam Pangasius Association.

Joining new-generation free trade agreements (FTAs) ​​will help Vietnam diversify its economic and trade relations, especially expanding import and export markets, avoiding excessive dependence on a specific region and helping the economy cope better with external fluctuations.

The domestic leather and footwear industry was in good shape to reach its goals this year, according to Phan Thị Thanh Xuân, vice chairwoman and general secretary of the Việt Nam Leather and Footwear Association (Lefaso).

According to the Ministry of Planning and Investment, the manufacturing and processing industry saw a strong increase in foreign direct investment (FDI) capital in Vietnam with registered capital of more than US$12.09 billion, accounting for 72.2 percent of total newly-registered capital and South Korea continued to be the largest investor.

The automobile market is expected to boom this year as the Government mulls a number of favourable policies to help reduce costs, improve demand and increase output.