The World Trade Organization will allow South Korea to keep a 513 percent tariff on imported rice next year, the agriculture ministry said Tuesday, a move that could help protect the rice market of Asia's fourth-largest economy.

As per the panel recommendations, India needed to withdraw the "prohibited subsidies" under the EOU/EHTP/BTP Schemes, EPCG Scheme, and MEIS, within 120 days.

The Party and State of Vietnam attach importance to the extensive strategic partnership with Japan, Deputy Prime Minister Vuong Dinh Hue has told Takebe Tsutomu, Special Advisor to the Japan-Vietnam Friendship Parliamentary Alliance.

Vietnam was ready to take over the ASEAN Chairmanship in 2020 with 300 meetings and activities scheduled to be held in the country next year, said Deputy Minister of Foreign Affairs Nguyen Quoc Dung.

Vietnam will soon welcome more European investment and expand its trade with the EU over the next few months following upcoming ratification of the EU-Vietnam Free Trade Agreement and the bilateral Investment Protection Agreement.

The Republic of Korea (RoK) is exploring the possibility of forging individual free trade agreements (FTAs) with more ASEAN members in a move to further boost growing economic ties with the region, Yonhap news agency reported, citing a senior trade official of the RoK.

The State management efficiency in granting certificates of origin for enterprises needs to be improved to reduce trade frauds.

Four expos showcasing technologies, solutions and trends meant to upgrade the entire textile and footwear production chain will be held under one roof in HCM City from November 20 to 23.

Shares look set to fluctuate next week due to a lack of supportive information and cautious sentiment triggered by a mixture of news from the world market, brokerages have predicted.

Asian markets were mixed yesterday on broad optimism that China and the United States are close to a mini trade deal, while Hong Kong rallied after last week’s hefty losses but investors remain on edge over violent protests that have wracked the city.