Vietnam’s pushback of the COVID-19 pandemic has helped shrimp exporters raise their competitiveness on the world market, overtaking competitors such as India and Ecuador, which are still struggling with the outbreak and not yet able to return to normal production.

The Vietnam Chamber of Commerce and Industry (VCCI) said on May 27 it is actively promoting the dissemination of the EU-Vietnam Free Trade Agreement (EVFTA) among the country’s business community, helping them grasp opportunities and access incentives when the deal is implemented.

The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) are expected to create new momentum for the comprehensive cooperative partnership between the two sides, Vice Spokesman of the Ministry of Foreign Affairs Doan Khac Viet has said.

Vietnam has adopted synchronous policies and measures to recover its economy both during and after the COVID-19 pandemic, Vice Foreign Ministry Spokesman Doan Khac Viet has said.

Senior officials from the Asia-Pacific Economic Cooperation (APEC) economies held a virtual meeting on May 28 to discuss economic cooperation and open markets to counter the COVID-19 outbreak.

China's Commerce Minister has weighed into a trade dispute impacting Australian farmers, saying Canberra has launched more than 100 trade investigations since the two countries established diplomatic relations.

Economic prospects for the developed world this year have darkened again in the past month as the coronavirus pandemic has rolled from Asia to the Americas, with a V-shaped sharp recovery expected by less than one-fifth of economists polled by Reuters.

Việt Nam’s lychee production hubs in the North have entered the early harvest season this year and are preparing plans for its flagship fruit consumption amid export difficulties due to the COVID-19 pandemic.

The Import and Export Department under the Ministry of Industry and Trade has set up different working groups to implement the the EU-Việt Nam Free Trade Agreement (EVFTA).

The world faces an acute shortage of personal protective equipment (PPE) as the COVID-19 pandemic spreads. Shortages of medical masks, protective suits, goggles and gloves are putting the lives of frontline healthcare workers at risk. Panic buying, hoarding and misuse by the public are making the situation worse.