The trade war between the United States and China has caused major disruptions for global businesses — but it may also bring benefits for some.

Deputy Prime Minister Vuong Dinh Hue has highlighted remarkable results of Vietnam's economic development in 2018 and made positive forecasts for the national economic growth in 2019 in an interview recently granted to the Vietnam News Agency.

The PM has approved the action plan on the implementation of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP).

Japan and the European Union launched the world's largest open trade zone on Friday (Feb 1), covering about a third of the global economy.

Vietnam’s export-import turnover is likely to hit a record 500 billion USD in the fourth quarter of 2019, up 5 percent from 2018, according to the General Department of Vietnam Customs.

The European Union is prepared to take Brexit down to a last-minute, high-stakes summit rather than cave in to British Prime Minister Theresa May’s demands over the next few weeks, diplomats said.

The trade deficit will be a big challenge to the economy this year due to tax incentives that lower the price of imported goods on the Vietnamese market.

The European Parliament elections, which take place May 23-26, are causing further delays for the EU-Vietnam Free Trade Agreement (EVFTA). At least that’s the outcome of the provisional agenda set by the new Romanian EU Presidency. It results in the fact that this already long-delayed trade deal won’t enter into force before 2020.

According to the agency, 226 new projects have been approved with total investment capital of US$805 million year to January 20, up 81.9% year-on-year, while 72 existing projects have injected an additional US$340.2 million, down 25.5% year-on-year.

Hanoi, the leading locality nationwide in FDI attraction in 2018, will focus on luring large-scale firms in the future, a move expected to also open up opportunities for small firms to invest in the city.