President Donald Trump said on Friday there was “a very good chance” the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 tariff deadline and meet soon with Chinese President Xi Jinping.

2018 was a successful year for the wood industry, with the export of wood products earning the country over 8.9 billion USD (not including non-wood forestry products), up 14.5 percent from the previous year.

The European Free Trade Association (EFTA) – a regional trade organisation and free trade area consisting of four European states Iceland, Liechtenstein, Norway and Switzerland- has shown interest to sign Free Trade Agreement (FTA) with Pakistan, Pakistan Today has learnt.

Major changes are now required for Vietnam’s investment law and corporate law, which made up a strong foundation for the country’s business law system, especially when Vietnam is undergoing economic reform for next stage development, according to Vu Tien Loc, chairman of Vietnam Chamber of Commerce and Industry (VCCI).

Aquatic product export was estimated to touch US$644 million in the first month of this year, a decrease of 3.9 percent compared to the same period last year, of which pangasius fish exports dropped 4.4 percent and shrimps declined 2.2 percent. Therefore, the export target of $10 billion or a growth of 11 percent for aquatic industry this year is unlikely to be feasible.

The tra fish industry needs to focus on intensive farming this year to increase efficiency and sustainable development.

Top U.S. and Chinese trade officials are working this week to hash out language on six broad agreements that aim to resolve the most contentious issues in their seven-month trade war.

How the CPTPP could widen inequality

The Ministry of Finance has asked the Government to amend its laws to eliminate the special consumption tax on locally manufactured auto parts and components, a move which could reduce prices of locally assembled cars

Trade between Vietnam and Russia was estimated at 4.57 billion USD in 2018, up 28.6 percent year on year, partly thanks to the enforcement of the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU).