Vietnam has enjoyed a surge in timber and wood product exports to the US this year, but businesses need to choose the right items to focus on in order to tap into this major market, insiders said.

According to the Ministry of Industry and Trade’s Import-Export Agency, Vietnam earned 202 billion USD from exports in the first nine months of 2020, a year-on-year rise of 4 percent.

The WTO Secretariat has published a new information note about how the global intellectual property (IP) system relates to the COVID-19 pandemic and potential contributions it could make to efforts to address it. The note provides an overview of IP-related measures taken by WTO members and other stakeholders since the start of the crisis.

Australian producers will gain hundreds of millions of dollars in new sales with tariffs on beef, dairy products, car parts and toiletries to be reduced or eliminated when a Pacific islands free trade deal comes into force in December.

Latest ruling could inflame trade tensions from long-standing Boeing-Airbus dispute over subsidies

Ministers from Asia-Pacific countries negotiating a sprawling free trade agreement will meet this week via videoconference as their year-end deadline for reaching a deal nears, the Japanese government said Tuesday.

Recognising the Americas as a high-potential export market, Deputy Minister of Industry and Trade Do Thang Hai said businesses need to focus on and promote exports of existing advantageous products to this market and seek other advantageous products to export this market, gradually conquering this market.

Vietnam is continuing its institutional reform commitments made in the historic EU-Vietnam Free Trade Agreement (EVFTA) in an aim to boost exports of agricultural products and attract more investment from the EU trading bloc.

The jury is still out on the economic impact of Brexit, but Ukraine emerged in early October as an unlikely early beneficiary of Britain’s EU exit.

Vietnamese Ambassador to Ukraine Nguyen Anh Tuan paid a working visit to Cherkasy province on October 8 to explore the potential for economic cooperation between this province and localities of Vietnam.