Promoting resource expansion or diversification, automation in warehousing, infrastructural development, E-commerce tie-ups, focus on untapped market and location preferences for setting up a logistics Hub will have a positive impact on market.

The Ministry of Industry and Trade and the Vietnam Chamber of Commerce and Industry jointly held a workshop in Hanoi on May 23 to inform enterprises on the Regional Comprehensive Economic Partnership (RCEP).

Vietnam and Europe could be swapping more agri products soon, if a new trade deal comes into effect. That deal would link two regions that have been looking for an alternative to the trade tensions brought on by the United States.

Strategic partners play an important role in Vietnam’s economic development, says Vu Tien Loc, president of the Vietnam Chamber of Commerce and Industry.

President Trump has been right to focus on the economic and trade challenges China presents to the United States. But his approach risks producing a deal with only short-term wins and enormous longer-terms costs.

Raking in export value worth US$2.3 billion, wood and wooden products became the highest increase among the groups of Vietnamese products with export value of over US$1 billion in the first quarter this year. This is a good start, however, the wood industry is still facing difficulties, requiring more efforts to achieve the export target set for 2019.

Nigeria’s minister of industry, trade and investment on Monday said the West African nation will sign the Africa Continental Free Trade Agreement as soon as President Muhammadu Buhari approves an impact-assessment report he commissioned.

Malaysia is one of the export markets in the Association of Southeast Asian Nations (ASEAN) holding the most potential for Vietnam, especially for agricultural products, seafood, foodstuff, and beverages, experts noted at a workshop in Ho Chi Minh City on May 22.

Top executives from electronics companies across the United States are in Washington, D.C., this week to endorse the proposed U.S.-Mexico-Canada Trade Agreement (USMCA) and call on the Trump Administration and Congress to support policies that will drive advanced manufacturing.

Vietnam always welcomes and is willing to create favourable conditions for Russian enterprises to do business and invest in the country, Prime Minister Nguyen Xuan Phuc affirmed when addressing the Vietnam-Russia Business Forum held in Moscow on May 22.