Vietnam and Laos will deepen defense and security cooperation and strive to create breakthroughs in economic, trade, and investment cooperation.

Vietnam is emerging as a potential trade partner for Mexico as the Latin American state is increasing import tariffs on countries without a free trade agreement (FTA).

With sustained economic growth over years, Vietnam continues to impress and attract an increasing number of Chinese investors, participants said at an investment and trade forum between Ho Chi Minh City and China’s Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in the southern economic hub on December 17.

Vietnam and India have witnessed thriving trade and economic cooperation over the recent past, with many highlights observed in 2024, according to Vietnamese Trade Counsellor in the South Asian country Bui Trung Thuong.

Together with the UK – Việt Nam Free Trade Agreement (UKVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will create new opportunities for companies and consumers in the UK and Việt Nam, affirmed British Ambassador to Viet Nam Iain Frew.

Vietnamese goods will benefit from the reduction of intermediate stages or inspection costs when exported to third-party territories, according to experts.

The EU Deforestation Regulation (EUDR) poses challenges for Vietnam's rubber industry, but it also opens doors to new opportunities.

Vietnam has not taken full advantage of the Regional Comprehensive Economic Partnership (RCEP), according to a representative from the Ministry of Industry and Trade.

Vietnamese enterprises are exposed to many opportunities and benefits if they can take advantage of resources from imports and technology transfer when participating in the supply chain of FDI enterprises in CPTPP.

While ASEAN's status as an invited guest in the G20 affords the bloc some influence, permanent membership would give it crucial consensus-building power. ASEAN is important both economically and strategically, on par with many G20 nations, though its struggles with internal cohesion may raise doubts about its ability to be a coherent voice in global governance. But by uniting behind its goal, relying on support from existing permanent members and emphasising its economic credentials and commitment to global cooperation, G20 membership could be in reach for ASEAN.