The Philippines and Chile started their negotiations for a free trade agreement in a bid to expand economic relations currently valued at more than $140 million annually, officials announced Friday.

Thailand has successfully concluded negotiations on a Free Trade Agreement (FTA) with the European Free Trade Association (EFTA).

Two-way trade turnover between Vietnam and the US reached US$122.4 billion during the 11-month period, exceeding last year’s figure of US$111 billion, according to information released by the General Statistics Office (GSO).

Ample room remain for boosting trade cooperation between Vietnam and Malaysia, including the export of Vietnamese tra (pangsius) fish, as both countries strive to capitalise on regional trade agreements such as the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), experts have said.

The 2024 Vietnam-US Cooperation Forum, held in Ho Chi Minh City, focused on new US policy directions and opportunities to enhance bilateral economic and trade relations.

Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said.

Vietnam's seafood industry is on a roll, with export momentum propelling it toward the 10 billion USD target for 2024, laying robust groundwork for 2025.

That was one of the topics of interest at the press conference of the Vietnam Textile and Apparel Association (VITAS) held on November 19.

Themed 'Green Export Promotion', the Việt Nam Export Promotion Forum 2024, organised by the Ministry of Industry and Trade, with the support of the Swiss government, aims to support Vietnamese enterprises in the transition of growth model towards sustainability, carbon reduction and improving competitiveness.

Vietnam's fruit and vegetable exports are projected to reach 6.6 billion USD by the end of November, fulfilling the annual target of 6-6.6 billion USD, one month ahead of schedule.