The conference was organized by the Italian National Credit Fund (CDP) in collaboration with the Italian Chamber of Commerce in Vietnam (ICHAM) under the sponsorship of the Italian Embassy in Vietnam. The event gathered more than 100 Vietnamese and Italian businesses to attend.

CPTPP is a free trade agreement in force between 11 countries including Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Việt Nam. In 2023, CPTPP parties signed an accession protocol with the UK, welcoming them as the 12th member.

The agreement underscores a strengthening of diplomatic, cooperation and trade relations between Ireland and Việt Nam.

Changes in US attitudes towards trade, including increasing tariffs and undermining the World Trade Organization (WTO), have threatened global trade. But major trading nations are striving to strengthen compliance and extend international trade law even without US collaboration. While the downgrading of the WTO makes resolving some trade issues difficult, the global economy can continue to grow with an expanded CPTPP and commitment from RCEP members and the European Union.

Vietnam has made suitable efforts to clamp down on illegal, unreported and unregulated (IUU) fishing while striving to negotiate to have the European Commission (EC)’s “yellow card” removed, a counsel at the Advisory Centre on WTO Law told the Vietnam News Agency.

Deep processing could also help domestic firms improve their export turnovers and keep up with market trends.

Vietnam is Brazil’s priority partner in Asia, Vice President and Minister of Development, Industry, Trade and Services of Brazil Geraldo Alckmin affirmed at a working session with Vietnamese Ambassador to Brazil Bui Van Nghi in Brasilia on June 19.

Vietnam and Singapore have potential and advantages to promote fisheries cooperation, industry insiders said at a conference connecting fishery businesses of Vietnam and Singapore in Ho Chi Minh City on June 25.

Amid tariffs from the US and potential protectionist measures from the EU, China is making headway in the Latin American market by exporting electric vehicles (EVs) and investing in local production. The export of cheaper Chinese EVs has increased drastically, particularly in countries like Brazil and Mexico where companies have established local research and development, production and sales centres. China's growth in Latin America's EV and lithium mining industries could have significant implications for the region, including EV adoption and emission projections, though the environmental and social effects of expanded lithium mining are yet to be fully realised.

The World Bank on Friday approved a $107 million credit package to improve the capacity, efficiency, and safety of inland waterways in southern Vietnam, while cutting greenhouse gas emissions in the country's transport sector.