The EU-Vietnam Free Trade Agreement (EVFTA) has created a wealth of opportunities that the local plastics industry can make use of to expand export markets and attract additional foreign investment, according to insiders.

The Ministry of Agriculture and Rural Development (MARD) has urged localities to adopt drastic measures to fight irregular, unreported and unregulated (IUU) fishing.

The Biden administration’s trade agenda will make pandemic recovery a top priority and focus on the American worker, according to the 2021 President’s Trade Agenda and 2020 Annual Report, an annual document submitted by the U.S. Trade Representative (USTR) to Congress. The administration will push for labour standards in its trade agreements, negotiate environmental standards and address China’s “coercive and unfair” trade practices, the document said.

Vietnam achieved a trade surplus of $1.3 billion in the first two months of the year as both exports and imports rose sharply.

Australia’s Morrison government has welcomed the UK’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). In doing so, it risks undermining the positive results of more than half a century of diplomacy.

On March 2, the Parliamentary Secretary of the Ministry of Foreign Affairs, Zanda Kalnina-Lukasevica, took part in an informal video conference of the European Union’s Foreign Affairs Council (Trade). The meeting focused on the EU’s new trade strategy and tasks for the coming years.

It didn’t take long for fiscal reality to set in, with public sector unions a keen reminder of the hurdles the government needs to overcome if it is to live up to expectations set in the 2021 Budget. Fortunately, nascent local and global growth tailwinds could provide some uplift.

The writer is director-general of the World Trade Organization On Monday I became the first woman and the first African to lead the World Trade Organization. Now we must roll up our sleeves and get to work.

The Vietnamese Embassy in Switzerland has recently held a ceremony to launch the non-profit Switzerland-Vietnam business group (SVBG), which aims at promoting exchanges and investment and trade cooperation between enterprises of the two nations.

A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting ways the pandemic is still causing imbalances in the global recovery.