The United States has risen to become the country’s second trading partner, with trade turnover exceeding US$100 billion.

Vietnam committed to reaching net zero by 2050 at COP26. With COP27 currently underway in Eqypt, we thought we’d take a look at where Vietnam is at with its commitment and the path it is taking toward neutralising its carbon emissions by 2050.

By 2030, it is expected that Vietnamese goods would be available at both traditional and online distribution networks in all countries having free trade agreements (FTAs) with Vietnam.

Office for Budget Responsibility analysis comes alongside latest plan to cut UK spending and hike taxes.

The German government has proposed restarting EU-US free-trade agreement negotiations. However, it is unlikely a deal will be reached, as businesses and the European Commission set more hope on a step-by-step approach to remove trade barriers.

Governor Kate Brown signed a memorandum of understanding with Vice Minister Do Thang Hai of the Ministry of Industry and Trade of Vietnam, committing to cooperation to enhance the development of bilateral trade, economic development, and investment in energy, particularly renewable energy.

Vietnamese President Nguyen Xuan Phuc has asked U.S. companies to expand their supply chains and create favorable conditions for Vietnamese businesses to be part of them.

Strong purchasing power and demand have created a fast and strong locomotive for economic growth, and Vietnam is forecast to record a GDP growth rate of over 8% this year.

Vietnam advocates switching from attracting FDI to cooperating with foreign investors in the spirit of equality for mutual benefits and development, with priority given to hi-tech and eco-friendly projects.

Business leaders from the APEC Business Advisory Council (ABAC) on Wednesday discussed the path to achieving a speedy and sustained recovery, and regaining the momentum for sustainable, inclusive, and resilient growth.