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Upon the UK’s exit from the European Union in January 2020, it entered into an 11-month transition period ending on 31 December 2020. In readiness for this window coming to a close, the UK has been actively seeking trade deals in order to secure its new trading position.

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2020 began with hope of a fragile truce in the US-China trade war.

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Nearly one year after the U.S. and China signed the “phase one” trade agreement, Beijing is still far from meeting its committed purchases of American goods, data compiled by the Peterson Institute for International Economics showed.

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Vietnam's shrimp exports are expected to record a dramatic increase of 12.4% to US$3.78 billion in comparison with other export items this year despite suffering from the adverse impacts of the novel coronavirus (COVID-19) pandemic, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

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The Agreement will ensure £395m trade relationship can continue and grow in the future.

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Digital transformation in agriculture is a great challenge, but if achieved, it will open up many opportunities for Vietnam's agricultural sector.

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Measures are needed to propel economic and trade ties between Vietnam and Ukraine, said Vietnamese Ambassador to Ukraine Nguyen Hong Thach at a meeting with the Ukrainian Chamber of Commerce and Industry (UCCI) on December 23.

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After intensive negotiations, the European Commission has reached an agreement with the United Kingdom.

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To enable the business community and Vietnamese people to effectively leverage Free Trade Agreements (FTAs), especially the new-generation FTAs, the Government assigned the Ministry of Industry and Trade (MoIT) to coordinate with other ministries and agencies to develop the FTA Portal (FTAP) with funding and technical assistance from interested trading partners and international organizations.

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One year on from the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Vietnam's two-way trade turnover with Mexico, Chile, and Peru has reached US$5.12 billion, with the country recording a trade surplus of US$3 billion.

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