The EU-Vietnam Free Trade Agreement () was approved by the European Parliament in February 2020 and is expected to be approved by the National Assembly of Vietnam at its meeting in mid-2020. Although the outbreak may delay the meeting, the approval of the Agreement is a top priority.

Standard Chartered Bank has forecast that the growth of Vietnam’s economy will slow down to 3.3% in 2020 due to the impacts of external challenges.

The COVID-19 pandemic has left Vietnam’s textile and garment sector in deep trouble because of rising order cancellations and delays, but some producers have found a way around and been able to weather the storm.

ASEAN and Japan have agreed to support each other in coping with the COVID-19 pandemic by focusing on easing its impact, enhancing economic flexibility, promoting export and solving problems faced by small- and medium-sized enterprises, according to the Thai Ministry of Commerce.

Despite difficulties brought by the COVID-19 pandemic, an opportunity is emerging for Vietnam to build the foundations of a more inclusive growth path, which leaves no one behind once recovery begins, according to the International Labour Organisation (ILO) in Vietnam.

A new rule from the U.S. Treasury Department and Customs and Border Protection will allow importers to delay payment of some tariffs for 90 days on goods imported during March and April 2020, according to a release from the agencies.

The Ministry of Industry and Trade (MoIT) on Monday issued regulations and an invitation to carry out an auction of import tariff quotas on used automobiles for this year.

Surviving during and after the Covid-19 pandemic is a concern for many enterprises. According to experts, it is important for enterprises to choose a suitable method of existence and development.

The country’s shrimp exports to the United States between the beginning of the year and March 15 enjoyed a surge of 16% to approximately US$93 million in comparison with last year’s corresponding period, according to figures released by the General Department of Vietnam Customs.

The Vietnam - EU Free Trade Agreement (EVFTA) is expected to have a positive impact on employment and social welfare, with the number of jobs and the wages of workers poised to increase, according to the Ministry of Industry and Trade (MoIT).