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Trade negotiations with China could resume soon, in the flash of a tweet. But it will take a long time to reach a deal, and much longer to seal it.

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Vietnam has become the second largest exporter of lychees in the world, accounting for 19 percent of the global market share, according to the International Society for Horticultural Science (ISHS).

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Vietnam’s exports of garments and textiles, leather and footwear to Eastern Europe remain modest. Eastern European nations offer great potential to exporters given their relatively high GDP growth and less stringent quality requirements compared to Western European countries. However, to succeed in exporting to these countries, Vietnamese firms must have long-term strategies, improve product quality and study the market carefully to make suitable products.

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South Korea will seek approval from its parliament and ratify the trade pact with Britain before Oct. 31, the ministry said.

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US President Donald Trump said on Friday (June 7) night that his country has reached a signed agreement with Mexico to avert the threat of tariffs on all Mexican imports next week.

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The prolonging trade war between the US and China makes it easier for Vietnam to continue its upward trajectory toward becoming a developed economy, Bennett Murray recently wrote on the ‘Foreign Policy’ paper.

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Vietnam, as an active ASEAN member and the first nation to sign a free trade agreement with the Eurasian Economic Union (EAEU), is willing to work as a bridge to help the EAEU and Russia to expand trade and investment ties with the ASEAN, a Vietnamese trade official said.

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Forty Vietnamese enterprises will join a business trip to explore export opportunities in the Chinese cities of Nanning and Kunming from June 10-13, the Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade has announced.

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The short answer is that nobody really knows.

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The International Monetary Fund has called for a speedy end to the deepening trade war between the United States and China after calculating that the tit-for-tat tariffs will cost $455bn (£357.5bn) in lost output next year – more than the size of South Africa’s economy.

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