Although the Vietnamese economy made a strong recovery right after the Covid-19 pandemic, this growth is now facing many challenges and the pace is not accelerating as expected.

In the past years, Vietnam's import and export of goods have seen exceptionally strong performance. Particularly, in 2007, after Vietnam became an official member of the World Trade Organization (WTO), the total import-export value of the country reached US$100 billion.

While most Vietnamese businesses are still afraid, some units have quickly taken advantage of the new generation FTAs to gain a strong foothold in major markets with their own brands.

Key member states back push for a green subsidies plan as the EU claims the Inflation Reduction Act is unfair

If there are no certifications, acceptance that markets with green standards or customers with green standards require, in 5 years Vietnam in general and many enterprises, in particular, may not be able to export goods.

After days of unrest in some of China’s biggest cities, the Chinese government has announced it is relaxing COVID-19 protocols. This may be the first sign that China is returning to business as usual and reopening its economy. This could have both good and bad outcomes for Vietnam.

The Hong Kong government expects to begin discussions next year to join RCEP. RCEP should have the effect of lowering tariffs, expanding services trade, harmonising rules of origin and, for Hong Kong, establishing its role as a vital gateway into the fifteen cities of the Greater Bay Area.

The US Commerce Department on Thursday blacklisted 36 Chinese companies including top producers of advanced computer chips, severely restricting their access to American technology.

The European Union and Malaysia signed the EU-Malaysia Partnership and Cooperation Agreement (PCA) in Brussels.

The Early Progress Trade Agreement (EPTA) between India and Canada is likely to be clinched in the second half of 2023, with the potential for the formal signing coming as Canadian Prime Minister Justin Trudeau visits India in September for the G20 leaders’ summit.