Vietnam and Jordan are looking to step up investment as well as trade in areas of potential such as tourism and Halal food production, a meeting in Singapore heard.

The Vietnamese Government has issued a resolution approving the fourth Protocol to amend the ASEAN Comprehensive Investment Agreement (ACIA) signed on July 15, 2020.

In February, the United Kingdom became the first nation to formally apply to join the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), the 11 country free trade deal spanning Asia and the Pacific.

Accompanying and sharing with businesses, especially import and export companies,to confidently participate in the EVFTA, is considered one of the key tasks that the Customs sector has performed effectively.

On the basis of the growth rate in 2020, the Government has set the expected target for 2021 higher than the target set in the Resolution of the National Assembly. To achieve this goal, from the beginning of the year, the Government took drastic action and the business community, ministries and sectors accelerated with determination to regain growth momentum.

After a year since the United States and China signed the phase one trade deal agreement, it is evident there are several systemic challenges to its full implementation. China’s decentralized governance, limitations in the deal’s dispute resolution mechanism, and failure to address structural issues in the bilateral economic relationship limit the prospects of reaching phase one goals of trade expansion. The consequent market distortions may negatively impact international trading partners, whereas China’s search for alternatives to US imports will hinder progress in subsequent negotiations.

This year’s rice exports will not only sustain the value growth seen in 2020 but also increase in volume, a leader from major rice exporter - the Trung An Hi-tech Farming JSC - has said.

A conference has been held in Moscow to discuss the outlook of the Eurasian Economic Union (EAEU) and the role of Vietnam and Belarus in the expansion of the Asia-Europe development space.

The European Union’s (EU) new trade policy includes a welcome call for greater transatlantic cooperation in response to the economic challenges posed by Communist-ruled China. The EU specifically proposes to revitalize the Trilateral process, a joint initiative by the United States, the EU and Japan to develop new World Trade Organization rules to check features of China’s non-market economy, most notably the inordinate role of industrial subsidies and state enterprises.

G7 leaders on Friday said they would seek a collective approach to counter "non-market oriented" policies and practices, including engaging with China through the G20. "With the aim of supporting a fair and mutually beneficial global economic system for all people, we will engage with others, especially G20 countries including large economies such as China,” the G7 said after a virtual leaders' meeting.