Domestic businesses should closely monitor the market situation, prepare to adjust their operations and redefine export markets to avoid negative impacts and capitalise on opportunities from the US-China trade war, officials and experts recommended.

The prime ministers of Bulgaria Boyko Borissov and of China Li Keqiang agreed to set up a global centre for partnership and cooperation of the Asian country with the countries of Central and Eastern Europe, the Bulgarian government said

This July marks 25 years since Israel and Vietnam officially established diplomatic relations.

Vietnam earned 4.15 billion USD from exports of wood and wooden products in the first six months of this year, marking an increase of 8.4 percent compared with the same period last year.

The International Monetary Fund (IMF) on Thursday cut its 2018 forecast for German GDP growth to 2.2%, saying rising protectionism and the threat of a hard Brexit had exposed Europe’s biggest economy to significant short-term risks.

A seminar highlighting economic cooperation between Lombardy region of Italy and Vietnamese cities and provinces took place in Milan city on June 29.

The first round of negotiations for a comprehensive Canada-Mercosur Free Trade Agreement (FTA) took place in Ottawa on March 20, 2018. The Canadian Minister of International Trade, François-Philippe Champagne, welcomed representatives from the Mercosur member states of Brazil, Argentina, Paraguay and Uruguay. Following a broad range of consultations with stakeholders, including representatives from companies, industry and business organizations and non-governmental organizations, a second round of negotiations took place in Brasilia between June 11-15, 2018. The third round of negotiations is scheduled to be held in Ottawa in September 20181.

The European Free Trade Association (EFTA) states – Switzerland, Liechtenstein, Iceland, and Norway – signed a free trade agreement with Ecuador on June 25, 2018, and upgraded the bloc's existing free trade deal with Turkey.

The deal could increase the value of Vietnam’s exports value into the EU to $16 billion in the first one or two years.

U.S. President Donald Trump warned the World Trade Organization on Monday that “we’ll be doing something” if the United States is not treated properly, just hours after the European Union said that U.S. automotive tariffs would hurt its own vehicle industry and prompt retaliation.