The Asia-Pacific Economic Update warns that the escalation of trade and geopolitical tensions pose a major near-term risk, and a tit-for-tat trade war will take a heavy toll on regional value chains with impacts on exports, employment and workers’ earnings.

Vietnamese Ambassador to Belgium Nguyen Van Thao visited a wind power project in Hanzinelle - Gerpinnes in the Belgian province of Namur, and had a working session with experts to discuss challenges and opportunities for energy cooperation between the two countries.

Vietnam’s agricultural trade with China has reached a new milestone as frozen durian, fresh coconut, and crocodiles have been granted export approval, opening up vast opportunities for these industries.

The United States is the country that investigates and applies the most trade defense measures to Vietnamese export goods. Vietnamese export businesses when being investigated by the US for applying trade defense measures need to pay attention to choosing the country and replacement value.

Negative impact of protectionist actions to unnerve market: analyst

Green logistics can help reduce transportation costs and increase efficiency in the supply chain by optimising delivery routes and reducing the number of empty or half-loaded trucks on the road.

The Vietnam - EU Free Trade Agreement (EVFTA) has been in effect for four years (August 1, 2020). However, the level of benefits received from this new generation FTA is divided and different among businesses.

Vietnam’s timber export value in the first three quarters of 2024 is higher than the same period last year thanks to a positive market recovery. However, the sector is expected to continue facing external difficulties in the fourth quarter of 2024 and the subsequent year.

China has emerged as the sixth largest investor in Vietnam, with new projects surging sevenfold, reported the Ministry of Planning and Investment’s Foreign Investment Agency.

China is continuing to increase its investment into Vietnam as it strives to get the lion’s share of the dynamically developing economy.