The director-general of the World Trade Organization, Roberto Azevedo, recently said he was stepping down early. Exasperation over the WTO’s diminished standing appears to have been a factor. That’s understandable. Step by step, governments have pushed an institution with an essential role in promoting global growth toward complete irrelevance.

Experts have suggested Vietnamese enterprises improve product quality standards to overcome barriers imposed by the fastidious yet promising EU market, thus optimising the advantages to be generated from the EU-Vietnam Free Trade Agreement (EVFTA).

Economic growth in the ASEAN region could rebound to an average 8 percent in 2021 after falling into recession in the first half of 2020, a report suggested on June 8.

The Cambodia-China Intergovernmental Coordination Committee will meet on June 16 to discuss the free trade agreement (FTA) between the two countries and generate ideas about how to restore the Cambodian economy once the Covid-19 pandemic has abated.

Vietnam on Monday ratified a significant trade deal with the European Union, which is expected to boost the country’s manufacturing sector and exports, as it recovers from a dip caused by the coronavirus pandemic.

In the first quarter of this year, the export turnover of processed agricultural products of Vietnam reached US$166 million, an increase of 33 percent over the same period last year.

The lockdowns that started in China’s Hubei province on 23 January were a major disruption to the international supply of manufactured goods. Its capital Wuhan, the epicentre of the COVID-19 pandemic, is an industrial powerhouse that produces nearly 10 per cent of all motor vehicles made in China and, for example, is home to more than 100 parts suppliers for Honda alone.

The EU - Việt Nam Free Trade Agreement (EVFTA) is expected to bring both opportunities and challenges for businesses, especially small-and-medium sized enterprises (SMEs). This was why SMEs should fully understand the provisions of the EVFTA.

The enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) will promote export-import activities, thus bringing direct benefits to the country's logistics industry, experts have said.

Many Chinese wooden furniture manufacturers have been found setting up foreign invested enterprises (FIEs) in Vietnam to ‘fabricate’ Vietnamese origin for their exports to the US.