Over the years, the digital economy has developed greatly throughout the world. But World Trade Organization (WTO) digital trade rules have stagnated. Since the new Director-General Ngozi Okonjo-Iweala took office in February, reforms regarding digital trade rules are facing greater challenges and opportunities

Trade between China and the US continued an upward trend in the past four months, official data showed, highlighting inseparable economic relations between the two countries, although a political chill still exists.

Despite the nation suffering an annual drop in foreign direct investment (FDI) during the four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.

The Indian Island nation of Mauritius, sitting just off the East Africa Madagascar coast has made an application to join the Eurasian Economic Union (EAEU).

Despite downward spiraling bilateral relations between China and Australia that have caused many uncertainties for Australian exporters, they hold hopes that the growing rift will be eased as their commitment to the world's second largest economy remains.

Australia’s refusal to reverse its latest move in a long-running, tit-for-tat diplomatic falling out with China – the veto of two controversial Belt and Road Initiative deals the state of Victoria made – has been met by Beijing’s harshest response yet. High-level economic dialogue has been “indefinitely suspended”, putting an end to bilateral talks to facilitate greater cooperation, particularly on trade.

The vietnam-briefing.com published by Dezan Shira & Associates – a consultancy firm on foreign investment in Asia – has run an article, emphasising that since the EU-Việt Nam Free Trade Agreement (EVFTA) took effect in August 2020, Belgium has played a significant role in promoting trade and foreign investment into Việt Nam.

The COVID-19 pandemic has sped up the process of digital transformation in businesses, experts said, and has urged companies to consider their own resources and conditions to ensure and increase efficiency.

A new report has found 43 per cent of US-based respondent companies cited Việt Nam among their top three buying geographies as of early 2021, doubled from 2019, according to the Q1 2021 report from QIMA, a US provider of supply chain compliance solutions.

Strained relations between China and Australia took a turn for the worse Thursday after Beijing said it has “indefinitely” suspended all activity under a high-level economic dialogue with one if its largest source of imports.