Vietnamese firms regardless of their scale need to get up to speed on digital transformation to enable them to further penetrate global markets, a webinar heard on August 26.

The US and China are moving ahead with the phase one trade deal, with officials from both countries speaking on the phone to review its progress. The development has eased concerns that deteriorating bilateral relations would impact the agreement and potentially ignite another trade war.

As many as 50 UK businesses joined an online meeting to get updates on socio-economic situation in Vietnam as well as developments in the Vietnam-UK relations, and seek opportunities to cooperate with Vietnamese partners in the future.

The United States Trade Representative has just made a sharp reversal, declaring that the traditional model of trade liberalization—working with like-minded countries—was dead, and asserting countries instead should seek free-trade agreements only with their neighbors.

The previous 25 years have witnessed Vietnam and ASEAN simultaneously being both "rivals" and "partners", in terms of being competitors when trying to attract investment, but also working together to achieve joint goals

Date: August 2020 By: World Trade Organization (WTO)

Date: August 2020 By: World Trade Organization (WTO)

Top U.S. and Chinese trade officials reaffirmed their commitment to a Phase 1 trade deal, which has seen China lagging on its obligations to buy American goods, giving a boost to financial markets on Tuesday.

Ministers from Asia-Pacific countries negotiating a sprawling free trade agreement will virtually meet this week with the aim of reaching a deal by year-end, while maintaining hope that India will return to the talks, the Japanese government said Tuesday.

Instead of following a general recipe to attract foreign capital, enterprises and localities are advised to address more essential demands for social and industrial infrastructure and diversify their labour force to live up to the expectations of large-scale groups.