Vietnam’s economy unexpectedly expanded in the second quarter, through at its slowest pace since 2011 despite the COVID-19 pandemic, according to Bloomberg.

The Ministry of Foreign Affairs (MoFA) in coordination with the Embassy of the Republic of Korea (RoK) held a conference named “Meet Korea 2020” in Hanoi on June 30 to promote exchanges and cooperation between Vietnamese localities and partners in the RoK.

Prime Minister Justin Trudeau said Monday that increasing the price of aluminum for the United States is a bad idea for both economies

The amount of working capital held up between corporates and their suppliers has risen by 8% as companies look to hold onto inventory amid uncertain times, according to the latest JP Morgan Working Capital Index.

With an increasingly open business environment, and continuing international integration, Việt Nam has long been regarded as a promising destination for foreign investment.

Though export turnover of agriculture products in the first half of this year fell 3.4 per cent from the same period in 2019, leaders of the industry still hope to meet targets for the year set before the COVID-19 pandemic struck.

Asean leaders actively engaged with the Asean Business Advisory Council (Asean BAC) via video conference during their 17th Dialogue last Friday.

South Korea said Wednesday it is still open to talks with Japan to settle the yearlong trade spat with the Asian neighbor but hinted that it has no intention to drop its complaint at the World Trade Organization (WTO).

Vietnam’s gross domestic product (GDP) increased 1.81 percent during the first six months of 2020, the lowest first-half growth pace since 2011, according to the General Statistics Office (GSO).

WTO members stressed the importance of providing a coordinated response to global crises such as the COVID-19 pandemic and ensuring that trade in agricultural and food products is not unduly restricted at a meeting of the Committee on Sanitary and Phytosanitary (SPS) Measures on 24 June. The meeting began with a session dedicated to COVID-19 information-sharing. Members commended the extensive work of the WTO Secretariat in compiling SPS measures implemented since the start of the pandemic. Almost half of these measures facilitate trade, with increased use of electronic certification.