All three partners needed to give notice by March 31 — Canada says more preparation is required

The prompt compliance with the direction of the Government and the Ministry of Finance’s leaders related to the prevention and control of the Covid-19 pandemic is the key operation of the Customs sector in March, which was released to the press by the General Department of Vietnam Customs on March 30.

Trade between Vietnam and Israel reached 236.58 million USD in the first two months of this year, according to the Vietnamese Trade Office in Israel.

While Việt Nam remained significantly exposed to the COVID-19 outbreak and ongoing turbulence in global financial markets, its economy remained resilient to external shocks in the first few months of 2020, according to the World Bank (WB).

The World Bank on Tuesday slashed economic growth forecasts across Asia this year amid the coronavirus pandemic, predicting that Malaysia and Thailand would plunge into recession even in a best-case scenario.

The EU and 15 other members of the WTO today decided on an arrangement that will allow them to bring appeals and solve trade disputes among them despite the current paralysis of the WTO Appellate Body. Given its strong and unwavering support for a rules-based trading system, the EU has been a leading force in the process to establish this contingency measure in the WTO.

Globalisation was under threat even before the pandemic. US President Donald Trump set the tone by declaring himself ‘tariff man’, imposing bogus ‘national security’ tariffs on steel and aluminium imports from allies while launching a trade war with China and eviscerating the WTO Appellate Body. But Trump was not alone in attacking the global trading system.

The spread of the Coronavirus disease (Covid-19) has affected foreign direct investment (FDI) inflows to Vietnam. However, it could also provide Vietnam with a great opportunity to receive FDI inflows from investors seeking to shift their production from China to the Southeast Asian region in order to limit risks, with Vietnam featuring prominently on their radar.

Seafood exporters in Vietnam are seeing their orders and export value plunge due to the coronavirus pandemic.

Customs officials in Nanning, Guangxi province, recently detected three distinct pathogens for the first time while testing samples of watermelons and dragon fruit imported from Vietnam.