The outlook for Việt Nam’s business environment remains positive but further digitalisation and streamlining of the administrative system are required, a World Bank expert has said.

United States President Donald Trump has suspended US$1.3 billion in trade preferences for Thailand because of its failure “to adequately provide internationally-recognised worker rights”, such as protection for freedom of association and collective bargaining.

Việt Nam has taken various measures to handle illegal, unreported and unregulated (IUU) fishing since it received a “yellow card” warning from the European Commission (EC) in October 2017.

Vietnam has issued another five-year anti-dumping duties on steel from China, Taiwan, Malaysia and Indonesia, finding that they hurt local production.

The partnership could take away the protective cover for many sectors but staying away cannot be an option in a borderless world

E-COMMERCE performance in Southeast Asia is hitting record highs in terms of spending among consumers and is estimated to keep growing, according to a recent study and other reports.

South Korea and the Association of Southeast Asian Nations (ASEAN) agreed to expand cooperation in 5G communication networks and artificial intelligence (AI) areas so as to maximize the benefits from the emerging technologies, the government said Sunday.

India and South American country Peru will hold their next round of negotiations for a proposed free-trade agreement (FTA) at Lima in December, an official said.

The Vietnamese Government may allow European financial firms to buy up to 49 percent of only two local commercial banks, Nguyen Thi Thu Trang, Director of the WTO Integration Centre at the Vietnam Chamber of Commerce and Industry, said on October 23.

Vietnam’s score increased to 69.8 points from 68.36 points from last year but the country moved down one place from the 69th to 70th out of 190 economies in the World Bank (WB) 2020 Ease of Doing Business ranking.