NAFTA is no more. As of today, the North American Free Trade Agreement that took effect Jan. 1, 1994 has been replaced by the U.S. Mexico Canada Agreement (USMCA) .

The European Union Free Trade Agreement (EVFTA) will create significant opportunities for Vietnamese firms to recover and develop after the COVID-19 pandemic, Deputy Minister of Industry and Trade Trần Quốc Khánh said at a conference on Monday in Hà Nội.

Vietnam reported a trade surplus of US$4 billion for the first six months of this year, a sharp increase compared to the same period last year despite considerable impacts from the COVID-19 pandemic, according to the General Statistics Office (GSO).

Foreign investment commitments to Việt Nam in the first half of this year decreased 15.1 per cent year-on-year to US$15.67 billion, a report from the Ministry of Planning and Investment's Foreign Investment Agency has shown.

Vietnam’s economy unexpectedly expanded in the second quarter, through at its slowest pace since 2011 despite the COVID-19 pandemic, according to Bloomberg.

The Ministry of Foreign Affairs (MoFA) in coordination with the Embassy of the Republic of Korea (RoK) held a conference named “Meet Korea 2020” in Hanoi on June 30 to promote exchanges and cooperation between Vietnamese localities and partners in the RoK.

Prime Minister Justin Trudeau said Monday that increasing the price of aluminum for the United States is a bad idea for both economies

The amount of working capital held up between corporates and their suppliers has risen by 8% as companies look to hold onto inventory amid uncertain times, according to the latest JP Morgan Working Capital Index.

With an increasingly open business environment, and continuing international integration, Việt Nam has long been regarded as a promising destination for foreign investment.

Though export turnover of agriculture products in the first half of this year fell 3.4 per cent from the same period in 2019, leaders of the industry still hope to meet targets for the year set before the COVID-19 pandemic struck.