Việt Nam’s Ministry of Industry and Trade (MoIT) and the Việt Nam Association of Supporting Industries (VASI) have been in Canada to explore new business opportunities.

Vietnam recorded a trade surplus of over 1 billion USD with the 10 other members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in the seven months since the deal took effect in the country in January, according to the General Department of Vietnam Customs.

A majority of enterprises have little or no understanding of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) that took effect over seven months ago, which prevented them from capitalizing on the pact, heard a forum held in Hanoi City on August 30.

Vietnam posted a positive trade surplus of over 1 billion USD with ten countries in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) seven months after the trade deal came into effect, according to a report by the General Department of Vietnam Customs.

Experts have said Vietnam's pepper industry had better change its growth model and enhance quality to take advantage of free trade agreements (FTAs).

New-generation free-trade agreements have created a new impetus for attracting foreign investment in Vietnam. Economic expert Nguyen Van Toan of  the  Association of Foreign Invested Enterprises spoke with Customs News on this issue.

According to the World Bank, Vietnam has one of the fastest growing economies in the world—7.1% GDP growth in 2018, and 6.7% at the mid-point of 2019.

As the US and Japan intensify trade negotiations, the push for a quick “mini-deal” on agriculture and autos will have far-reaching impact.

The textile and garment industry’s exports were worth US$32 billion last year and they are expected to reach $40 billion this year.

As the US-China tariff war rumbles on, it has been a great year so far for free trade agreements (FTAs) involving Asian countries.