The forestry sector will strive to earn 12.5 billion USD from exports in 2020, up 10 percent year-on-year, said Deputy Director General of the Vietnam Administration of Forestry (VNFOREST) Pham Van Dien. 

The first phase of a US-China trade agreement will be inked at the White House in the middle of this month, US President Donald Trump has announced, adding that he will visit Beijing at a later date to open another round of talks aimed at resolving other sticking points in the relationship.

Exports of wood products to the US have seen a sharp rise this year, as well as robust growth to markets including Japan, the UK, Canada, Germany and the Netherlands.

Analysis by the Ministry of Planning and Investment showed that overseas investment capital of Vietnamese enterprises has increased rapidly from US$350 million in 2017 to $432 million in 2018 and nearly $500 million in 2019. The total overseas investment of Vietnamese enterprises so far has exceeded $22 billion.

Prime Minister Nguyen Xuan Phuc attended a ceremony to mark Vietnam’s import-export revenue reaching the US$500 billion level held in Hanoi on December 30.

Vietnam targets its export revenues of $300 billion next year despite concerns over trade deficits amid a global economic slump.

Vietnam may be tapped as clear beneficiary of the ongoing trade war, but it also faces significant headwinds to its export sector.

China lowers tariff rates in accordance with the free trade agreements it has separately signed with Pakistan, New Zealand, Peru, Costa Rica, Switzerland, Iceland, Singapore, Australia, the Republic of Korea, Chile and Georgia, as well as the Asia-Pacific Trade Agreement, starting Wednesday (today).

Officials from India and EFTA countries recently interacted on crucial issues of IPR , rule of origin, services

According to UN statistics, Mexico has exported an extra US$3.5 billion in goods since the trade war began in summer 2018