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China's trade surplus with the U.S. and the rest of the world widened in October as the global recovery buoyed demand for made-in-China goods, helping export growth beat market expectations for a seventh straight month.

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The European Union has been a dialogue partner of ASEAN ever since four decades ago in 1977. Historically, both blocs have maintained good ties and partnerships.

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Local companies do not have to worry about a preliminary anti-subsidy tariff imposed by the US Department of Commerce on car and truck tyres from Viet Nam, executives told local media.

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The Ministry of Industry and Trade (MoIT) held a workshop on November 4 to discuss tools to protect businesses against trade defence lawsuits in export markets in the context of integration.

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China has stepped up trade restrictions against Australia, suspending imports of some timber and barley, the agriculture minister said Tuesday, amid tension over the coronavirus, Hong Kong and the South China Sea.

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The European Union and Britain have so far failed to reach agreement on three most persistent sticking points in talks, both sides said on Tuesday, suggesting any breakthrough in securing a trade deal is still a way off.

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Despite high economic openness and growing global uncertainties, Vietnam’s economy still maintains its resilience and is on track for a V-shaped recovery

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While FTAs are beneficial to Vietnamese enterprises, only foreign-invested firms so far are able to take full advantage of these trade deals, stated a senior government official.

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The nation’s digital economy hit US$12 billion in 2019, with the sector anticipated to record rapid growth in the coming years to reach a figure of US$43 billion by 2025.

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As an open economy, our growth is very much dependent on the health of the global economy. Yet as the outlook for export-and-foreign investment-driven recovery remains grim, we cannot look to the world for help.

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