More than three-quarters of the way through 2023 has been the most difficult period in the history of Vietnam’s textile, garment and raw material exports. Although at this time, textile exports have recovered, the pace is still very slow, even stagnant, especially in the garment group. Garment and textile firms are urged to flexibly implement measures to bring into full play market opportunities and promote growth, to fulfil the set goal of over 40 billion USD in export revenue this year.

Canada's ambassador to U.S. downplays threat of Indo-Pacific Economic Framework on Ottawa's influence

Many said that one of the reasons for this situation is that human resources, especially FTA implementation experts, are still very limited and do not really meet the requirements.

Despite cheap labour costs, and abundant personnel resources, Việt Nam should rely on new factors including an attractive and transparent investment environment, simplified and digitalised administrative procedures, and infrastructure development.

Taiwan is pushing hard to gain membership into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Taiwan’s chief trade negotiator John Deng (鄧振中) said on Wednesday

Broadly speaking, Vietnam has been averse to importing secondhand goods. However, this may soon change with refurbished goods clauses in several next-generation free trade agreements. Here’s how local regulations on the import of refurbished goods are shaping up with respect to the CPTPP.

Taiwan's top trade negotiator John Deng (鄧振中) said on Sunday that the main aim of bilateral talks at the ongoing Asia-Pacific Economic Cooperation (APEC) forum is to build up support for Taiwan's Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) participation.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) gives UK businesses a chance to export to some of the Asia-Pacific’s fastest-growing markets and could help Britain become a “nation of exporters”, according to trade experts on a webinar held yesterday (8 November).

Vietnam has capitalised on the free trade agreements (FTAs) it has signed to bolster exports amidst weakening demand, high input costs, and inflation pressure across the globe, Minister of Industry and Trade Nguyen Hong Dien said on November 7.

Emily Hamblin, the British consul general in HCM City, said the United Kingdom – Vietnam Free Trade Agreement (UKVFTA) has ushered in a new era of collaboration, fostering economic growth and unlocking numerous opportunities.