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Vietnam, Asean’s major trading partner, has said that regional trade protectionism remains a hurdle for its exports to Southeast Asian markets, and that the government did not offer subsidies to Vietnamese goods nor intervened in the market.

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The proposal was made by State President Luong Cuong at 31st APEC Economic Leaders' Meeting on November 16.

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As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.

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Since the establishment of the Vietnam-Mongolia diplomatic ties on November 17, 1954, the traditional friendship between the two countries has been continuously strengthened and grown.

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Exports of Vietnamese agro-forestry and fishery products and industrial products to the EU in the first seven months increased 10% year-on-year.

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Vietnamese passion fruit having been exported to twenty countries, in many forms such as fresh fruit, frozen fruit, juice, recently Vietnamese passion fruit continues to be licensed to export to the Australian market. Thus, after mango, longan, lychee, dragon fruit, passion fruit is the 5th product of Vietnam licensed to export to the Australian market.

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The Trade Policy Review organ of the World Trade Organisation (WTO) expressed concerns over the high rate of physical inspection of containers at Nigerian ports. It urged the country to review its customs procedure to promote timely and cost-effective practices.

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Over the past nine months of this year, two-way trade hit nearly $6.5 billion with $5.7 billion from Vietnamese exports, up 22 per cent year-on-year.

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India’s trade deficit with Asean widened from $ 4.98 billion in 2010-11, the first full year of operation of AITIGA to $ 38.4 billion in 2023-24.

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After a period of downturn, many of Vietnam's main export products, such as textiles and footwear, have shown strong recovery, achieving double-digit growth rates.

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