2020 marks the 30th anniversary of Vietnam-European Union (EU) diplomatic ties. Over the course of the three decades, despite fluctuations in the global situation, as well as in Asia and Europe, the relationship between Vietnam and the EU has been constantly growing with significant progress made, contributing to creating a new milestone in Vietnam’s international integration process.

Avoiding any trade disruption, Turkey and the United Kingdom signed a free trade deal that covers all industrial and agricultural goods.

The UK wants to strengthen its trade and investment ties with Malaysia as it emerges from the end of the Brexit transition period on December 31, 2020, said British High Commissioner to Malaysia Charles Hay.

Vietnam and Cuba are striving for the joint implementation of concrete measures to effectively realise the Vietnam-Cuba Free Trade Agreement and raise their two-way trade to US$500 million by 2025.

Foreign direct investment (FDI) registered in Việt Nam hit US$28.53 billion in 2020, a year-on-year decline of 25 per cent due to the significant impact of the COVID-19 pandemic, a report from the General Statistics Office (GSO) revealed.

The UK – Việt Nam Free Trade Agreement (UKVFTA) was officially signed in London on December 29. On this occasion, Heather Wheeler, MP and British Prime Minister’s Trade Envoy for Cambodia, Laos, Việt Nam and Vietnamese Minister of Industry and Trade Trần Tuấn Anh spoke with Vietnam News Agency about opportunities and challenges of the newly-signed trade deal

Vietnam gained 2.7 billion USD from shipping an estimated 1.7 million tonnes of coffee abroad in 2020, accounting for over 10 percent of the world’s coffee value and 18 percent of the market share, according to the Ministry of Agriculture and Rural Development (MARD).

Issuing date: 31/12/2020 Issuing authority: The Government

Vietnam and the U.K. signed a bilateral free trade pact Tuesday to maintain their existing relationship once the Brexit transitional period ends on December 31.

Vietnam boasts huge potential to increase shipments to Mexico, Peru and Chile – the three Latin American nations having high tariff-reduction commitments under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).