China is maintaining "normal communication" with the United States on trade, the Chinese government said on Thursday, one of the few areas the world's two largest economies have refrained from confronting each other over this year.

With the health crisis sabotaging the economy, the government and National Assembly Standing Committee are rolling their sleeves up to design and enact additional sturdy fiscal and monetary solutions to fuel local domestic production and support people’s lives bogged down with many in massive difficulty.

African countries are caught in a contradiction. Politically they demand to be treated as equal partners, but the economic order remains profoundly unequal.

Việt Nam raked in US$60 million from exporting vegetables, fruit and rice to Australia in the first seven months of this year, a surge of 45 per cent compared to the same period last year.

The Vietnamese Embassy in Chile and the Chile-Vietnam Chamber of Commerce have held a seminar to examine cooperation opportunities for 2021-2022 as part of the activities marking the 50th founding anniversary of Vietnam-Chile diplomatic relations.

Vietnam’s garment exports in the first seven months of 2021 reached nearly US$23 billion, equivalent to 59% of the full-year target, up 20.5% over the same period of 2020 and 4.47% over 2019 before the onset of the pandemic.

As a country receiving significant investment from abroad, Vietnam's enterprises now have investment activities abroad in various areas that are the strength of the country in many modern industries such as telecommunications and automobiles.

The United States is energising its multilateral partnerships to advance its shared prosperity in the Indo-Pacific, with ASEAN currently playing a greater role in the country's economic cooperation policy, with Vietnam on the radar of American businesses. The August 24-26 visit to Vietnam by US Vice President Kamala Harris is expected to further strengthen this outlook.

The urgent need to enhance competitiveness in global value chains means minimising reliance on imports, according to industry insiders.

The United States is well aware that Asian nations are disinterested in engagement based on a “zero sum” mentality