The Ministry of International Trade and Industry (Miti) has established a task force to assess the developments of the US-China trade conflict and formulate strategies to mitigate the impact of trade protectionism.

Donald Trump returned this Wednesday to reiterate his preference for trade agreements countries with country against multilateral. It is a principle that used, initially, as a threat to try to bring to its ground negotiation to revise terms of North American Free Trade Agreement (FTA), one of its biggest ogres and that it insists to liquidate after more than one year of negotiations For your upgrade. What had not been clarified by President of United States is who would want to play that game if he opted for two separate agreements: if by Canada, with whom it seemed to have more common ground in beginning, or with Mexico, a country to which it had always placed in center of Alleged evils afflicting American industry. After Mexican elections, which was forcefully imposed Andrés Manuel Lopez Obrador (Brunette, left), his favorite option is second.

The European Commission and Vietnam’s Ministry of Trade and Industry have agreed on the final text for the EU-Vietnam Free Trade Agreement (EVFTA), formally concluding the legal review of the document. They also concluded discussions on an investment protection agreement. It is expected that the EVFTA will be signed this September and take effect in early 2019.

Boosting cooperation between Vietnam and India in the garment and textile sector will be one of the priorities in efforts to raise bilateral trade value to 15 billion USD by 2020, said Parvathaneni Harish, Indian Ambassador to Vietnam.

The proposal seeks a softer Brexit for exporters of goods, but a hard Brexit for services. The publication of the UK government’s white paper outlining its approach to Brexit marks a significant and long overdue step towards the UK leaving the European Union.

China and the European Union (EU) on Monday agreed to jointly work to safeguard the rules-based international order, promote multilateralism and support free trade.

President Donald Trump hinted that the world’s largest economy could strike “a tremendously big deal” with United Kingdom, if the latter country successfully negotiates its exit from the European Union.

According to the Vietnam Leather, Footwear and Handbag Association (Lefaso), the country’s leather industry is enjoying good chances to benefit from the shift of orders from China as a result of the tendency of moving to the production of high-tech goods.

Singapore’s economy in the second quarter of 2018 expanded just 3.8 percent from the same period last year, and only 1 percent from the previous quarter, a result slower than the median forecast of 4 percent and 1.2 percent in a Reuters poll of economists.

Japan’s Foreign Ministry framed the move as “a powerful message from Japan to the world.”