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Tariffs on steel imports from China and other countries are to be extended for another two years, the UK government has announced, admitting the move risks breaching World Trade Organization (WTO) rules.

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A forum to promote trade cooperation between Vietnam and Belgium took place in Brussels on June 28, as one of the main economic events between the two countries held after a long hiatus due to the COVID-19 pandemic.

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Vietnam is emerging as a good option for Kiwi exporters looking to diversify where they sell their goods, said New Zealand’s new site 1news.co.nz in a recent article.

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The European Commission signed a free trade deal with New Zealand on Thursday (30 June), slashing much of the remaining tariffs between the two trading partners while keeping certain protections for European beef and sheep farmers and including unprecedented sustainability provisions.

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The UK-Vietnam Free Trade Agreement (UKVFTA), which took effect in early 2021, has so far brought about positive outcomes for both countries, Deputy Director General Ngo Chung Khanh of the Ministry of Industry and Trade’s Multilateral Trade Policy Department has affirmed.

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Việt Nam boasts great potential and advantages for developing the Halal industry, and the Vietnamese Government has paid special attention to supporting local businesses to join the global Halal market.

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Hungary was the first European Union state to approve the EU-Vietnam Investment Protection Agreement (EVIPA). Vietnam and Hungary are expected to sign an agreement on cooperation between the two parliaments in replacement of the one inked in 2008.

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The UN Conference on Trade and Development (UNCTAD) says the war in the Ukraine is stifling trade and logistics of the country and the Black Sea region, increasing global vessel demand and the cost of shipping around the world.

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Việt Nam reached more than US$14 billion in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI).

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While many exporters and producers had orders for 2022, they are worried about a possible shortage of production materials because of supply disruptions from China.

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