The UK's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will complement the existing UK-Vietnam Free Trade Agreement (UKVFTA) and help upgrade the bilateral relations thanks to additional preferential tariffs, Kemi Badenoch, Secretary of State for the Department for Business and Trade of the UK, reportedly said.
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Representatives from agencies, associations and businesses of Vietnam and Singapore looked into the market situation, and cooperation potential and opportunities between the two countries, especially in logistics, at a seminar in Singapore on April 5.
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After a strong performance in 2022, Vietnam’s economic growth is expected to moderate at 6.5% this year and further expand at 6.8% in 2024, according to the Asian Development Bank (ADB).
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Vietnam and Israel on April 2 announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year.
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Vietnam will promote its private economic sector to turn it into an important driving force of the socialist-oriented market economy, contributing to rapid and sustainable socio-economic development and improving the self-reliance of the economy.
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Minister of Industry and Trade Nguyen Hong Dien on March 31 held talks with Liu Ning, Secretary of the Party Committee of China's Guangxi Zhuang Autonomous Region, and co-chaired a conference on Vietnam - China (Guangxi) trade and economic cooperation in the new era.
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Solutions to promote trade cooperation between Vietnam and Australia and the implementation of the Australia-Vietnam Enhanced Economic Engagement Strategy (EEES) were tabled at an online meeting on March 30 in Hanoi.
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The Ministry of Industry and Trade (MoIT) is taking measures to promote the negotiations of a free trade agreement (FTA) with the Southern Common Market (Mercosur - including Brazil, Argentina, Uruguay, and Paraguay), which is expected to be a driving force for Vietnam to tap the Latin American market.
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Vietnam was the Republic of Korea (RoK)’s fourth largest supplier of rubber in the first two months of 2023, according to the Import-Export Department under the Ministry of Industry and Trade.
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The Government's project "Promoting Vietnamese enterprises to participate in foreign distribution networks by 2030 directly" has set a requirement to encourage Vietnamese enterprises to strongly participate in the production, supply chain, and distribution of goods globally in which through supporting businesses to build capacity to participate in cross-border e-commerce.
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