Vibrant economic diplomatic activities in 2024 have contributed to creating a firm foundation for Vietnam and Singapore to upgrade their relations to a comprehensive strategic partnership level, according to Cao Xuan Thang, Trade Counsellor and head of the Vietnam Trade Office in Singapore.

The fruit and vegetable industry has been told to set national standards for key export products to ensure robust growth over the coming years, according to insiders.

The commerce ministry has recommended imposition of an anti-dumping duty of up to $707 per tonne on imports of PVC paste resin, used to make artificial leather and other technical textiles' products, from six countries, including China, for five years, with an aim to guard domestic producers.

The Philippines' free trade agreement (FTA) with South Korea is set to take effect on Dec. 31, 2024, the Embassy of Korea said on Thursday.

Thailand and Malaysia are strengthening bilateral relations with an aspiring plan to achieve a US$30 billion bilateral trade target by 2027 while prioritising greater cross-border trade promotion and facilitation in key sectors.

The Ministry of Industry and Trade has initiated investigations into thirty trade remedies cases and applied twenty two measures to imported goods.

In 2024, the three largest export markets for Vietnamese agricultural, forestry, and fishery products continue to be the US, China, and Japan. The export prospects to these countries remain very promising for 2025.

The People’s Committee of Ho Chi Minh City and the Lao Consulate General in the city on December 27 oganised a Vietnam-Laos trade and investment promotion forum which aimed to boost connections between the two countries’ businesses and investors.

Vietnam’s coconut industry has recently emerged as a key economic driver for the Mekong Delta and south-central coastal regions thanks to the signing of agreements paving the way for the product to enter billion-dollar markets such as the US, Europe, and China.

Mainland China and Hong Kong (China) remained the largest export markets for Vietnamese catfish.