Agreement could be stepping stone to 'Canzuk Union' between Canada, Australia, New Zealand and UK.

The World Trade Organisation (WTO), has issued a new note warning of possible increases to trade costs due to COVID-19 disruptions.

Recently, the US conducted an anti-tax evasion investigation of anti-dumping tax and anti-subsidy for plywood products originating from Vietnam. On the Vietnamese side, there have been many efforts to eliminate enterprises that facilitate fraud and do illegal business on this issue, protecting the genuine manufacturing industry.

Despite several industries being hard hit by the negative impact of COVID-19 epidemic, the agricultural sector is anticipated to enjoy a rebound thanks to export opportunities brought about by new-generation free trade agreements (FTAs).

EU-UK trade talks resume this week amid growing optimism about a deal, but the UK’s wider Brexit trade strategy remains hampered, and Japan is the only major economy with which an agreement may be imminent.

German tape manufacturer Tesa plans to build a EUR55 million (US$65 million) factory in Northern Vietnam in an effort to expand its production as from 2023, according to Germany’s Handelsblatt newspaper.

An auction of import tariff quotas on used automobiles was organized for the first time by the Ministry of Industry and Trade (MoIT) on August 14 , following commitments in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Vietnam's steel products are facing the risk that the export market will be narrowed due to several trade-remedy investigations and the imposition of anti-dumping duties. Facing that fact, many steel producers are making efforts to improve product quality to change the direction and promote exports to the European market.

The month of July saw the nation enjoy a trade surplus of US$2.77 billion, boosting the seven-month trade surplus to a record high of US$8.23 billion, according to figures released by the Ministry of Industry and Trade (MoIT).

With a wide and diverse retail sector, Russia has been considered a promising market for agro-forestry-fishery products of Vietnam.