Policy clarification and adjustment are the best methods in which the nation can further integrate into global value chains, according to Ambassador of the EU to Vietnam Giorgio Aliberti, adding that the absence of being part of global supply chains and global trade activities would be a significant limitation for any country.

The Association of Southeast Asian Nations (ASEAN) has agreed to prioritise its signining of the Regional Comprehensive Economic Partnership (RCEP) with six free trade partners by the end of this year.

According to the report of the Ministry of Planning and Investment, as of August 20, the total FDI in Vietnam reached US$19.54 billion, equaling 86.3% over the same period in 2019.

Vietnam ran a surplus of 6.2 billion USD in agro-forestry-fishery trade in January-August, 4.9 percent higher than the same period last year, the latest updates of the Ministry of Agriculture and Rural Development showed.

BREXIT could offer the UK the opportunity to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trading bloc expert has told Express.co.uk, which they believe could become the "highest of high-grade" trade agreements.

Despite some impressive recovery momentum in July, however, many key import-export commodity groups declined in the first half of August.

Trade secretary Liz Truss will next week outline her plan to broker a UK-Australia trade deal that scraps tariffs for cars, clothing and spirits.

Business communities of India and ASEAN should work to resolve their differences, remove non-tariff barriers, ensure sanctity of rules of origin and open markets to expand two-way trade, Indian Commerce and Industry Minister Piyush Goyal said on August 27.

Vietnam and the United States celebrated 25 years of diplomatic relations in July this year – a testament to improving bilateral and economic ties since the Vietnam War. Vietnam has emerged as an ideal alternative manufacturing destination to China for US businesses, in part due to the US-China trade war and disrupted supply chains due to the coronavirus pandemic. Vietnam Briefing discusses trends in the Vietnam-US relationship, growing economic ties, and how US businesses can leverage and benefit from moving their production to Vietnam.

Ministers from 15 Asia-Pacific countries negotiating the Regional Comprehensive Economic Partnership (RCEP) agreement on August 27 said they have made "significant progress" toward the signing of the deal by the end of the year, while whether India will stay on as a member of the framework remains uncertain.