Vietnam and the US still hold huge potential for cooperation in farm produce trade, and the two countries should not compete in trade but supplement each other, Deputy Minister of Agriculture and Rural Development Le Quoc Doanh has said.

Vietnam’s wood exports to the European Union (EU) is likely to reach 1 billion USD after the recently ratified EU-Vietnam Free Trade Agreement (EVFTA) takes effect, according to market watchers.

When the US on 4 March last year announced that it is withdrawing duty-free entry for Indian exports worth around $6 billion, it brought the curtains down to a year- long dialogue between the two strategic partners for hammering out a limited trade package.

The U.S. declassification of Vietnam as a developing nation was anticipated and will affect neither existing countervailing duties levied nor its WTO benefits, experts say.

The U.S. goods will be exempt for one year starting Feb. 28

The EU has expressed interest in pursuing a number of free trade agreements (FTAs) in the region, not only with Thailand but eventually with Asean as a whole, says EU-Asean Business Council Chairman Donald Kanak.

Services and retail are forecast to attract a large amount of Japanese direct investment into Việt Nam this year.

American dairy farmers, distillers and drugmakers have been eager to break into India, but it looks like they'll have to wait.

Government officials from Vietnam and the Republic of Korea (RoK) have discussed measures to raise two-way trade to 100 billion USD this year despite regional and global economic difficulties caused by the novel coronavirus outbreak.

Bilateral trade between the US and India reached some $87.95 billion in 2018-19, making Washington New Delhi’s new top economic partner, despite President Trump’s increased pressure to negotiate a better deal for his country.