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The Ministry of Industry and Trade (MoIT) needs to give more support to enterprises in establishing stable and reliable distribution channels for expanding trade promotion activities and consumption markets, especially for agricultural products.

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Two-way trade turnover between Vietnam and Canada increased by 12.8%t last year and 28.5% in the first seven months of this year, reflecting a reliable and complementary trading partnership, Vietnamese Ambassador to Canada Pham Cao Phong has said.

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Given the Covid-19 epidemic, the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn, according to an article posted on October 13 by The Business Times of Singapore.

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Former Australian Prime Minister Tony Abbott on Friday (Oct. 15) said that it is vital to invite Taiwan into the Comprehensive and Progressive Trans Pacific Partnership (CPTPP) to help strengthen the nation.

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The Ministry of Foreign Trade and Tourism has reported that the CPTPP has entered into force for Peru.

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The government is currently refining the draft amendments to three Acts as it moves towards ratifying RCEP.

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Membership bids filed just days apart by Beijing and Taipei have turned the 11-nation CPTPP trade bloc into the latest flashpoint in the push to build a global, rules-based trade order.

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Mr. Nguyen Quang Hung, Deputy Director General of the Directorate of Fisheries (Ministry of Agriculture and Rural Development) reaffirmed that Vietnam’s IUU "yellow card" will not be raised to a "red card" by the EC. It is expected that the IUU "yellow card" will be removed in 2022-2023.

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