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Vietnam’s GDP is expected to expand by about 4.8% in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5 to 7% from 2022 onward, the World Bank has forecast.

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The East Asia and Pacific region's recovery has been undermined by the spread of the Covid-19 Delta variant, which is likely slowing economic growth and increasing inequality in the region, the World Bank said on Monday.

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China remained on course to be more than 30 per cent short of its 2021 commitments under the phase-one trade deal with the United States.

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The UK is kicking off its first negotiation meeting with all 11 members of CPTPP - a major trans-Pacific bloc which includes Canada, Japan, Mexico and Australia.

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Top-level officials from the U.S. and European Union will meet Wednesday to discuss several major economic and technological challenges.

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The US is a potential market for Vietnamese fruit and vegetable exports thanks to the diverse distribution system along with a 3-million-strong overseas Vietnamese community, according to the Vietnamese Trade Office in the US.

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Despite COVID-19, foreign investors’ new capital registered in Vietnam reached US$ 22.15 billion in the first nine months, up 4.4 percent compared to the same period last year, as heard at the Government Portal’s online conference held on September 27 with the participation of a number of localities housing foreign direct investment (FDI) projects.

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Việt Nam-US trade ties have enjoyed impressive growth over the 26 years since the normalisation of diplomatic ties.

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Despite a decrease in foreign direct investment (FDI) inflows into Vietnam in recent months due to the impact of the COVID-19 pandemic, economists assessed Vietnam remains attractive to foreign investors and needs to take advantage of FDI attraction opportunities to boost economic growth.

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The Ministry of Industry and Trade (MOIT) has announced the first review of the anti-dumping measures imposed on a number of plastic products imported from China, Malaysia and Thailand.

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