The domestic used car market has shown a robust recovery in the first half of 2024, marking a significant turnaround from the downturn experienced in 2023, according to industry insiders.

August 1, 2020, marked a significant milestone for Vietnam and the European Union (EU) as the EU-Vietnam Free Trade Agreement (EVFTA) came into effect. Four years on, Vietnam stands tall as the leading ASEAN exporter to the EU, reaping the benefits of a thriving economic partnership that has spurred economic growth, job creation, and consumer access to premium European products.

After 4 years of implementation, the Vietnam - EU Free Trade Agreement (EVFTA) has brought positive results

The United States is viewed as both the market with the most trade defence investigations into Vietnamese exports and the country with the most trade defence investigations into members of the World Trade Organization (WTO) with many other markets.

With export earnings of more than US$189.5 in the first 6 months of 2024, up 14.2% over the same period in 2023, the Ministry of Industry and Trade forecasts that exports will continue to grow positively in the second half of 2024.

To reach environmental and climate goals, the EU has imposed the ESPR (Ecodesign for Sustainable Products Regulation), commencing July 18, 2024, which is expected to have an impact on Vietnam’s key export products to the EU.

Deputy Prime Minister Le Thanh Long called for the European Commission (EC)'s early removal of its “yellow card” warning against Vietnam’s seafood exports while receiving Josep Borrell Fontelles, EC Vice President and High Representative of the European Union (EU) for Foreign Affairs and Security Policy, in Hanoi on July 30.

In Việt Nam, Sailun Group has invested in building a factory to produce all tire lines of the group in the southern province of Tây Ninh, established a research and development (R&D) centre in HCM City, as well as a joint venture with Cooper Tires in 2019 with a total investment of about $1.5 billion.

About 25 small and medium-sized enterprises (SMEs) from South Korean will come to Hà Nội next month.

Thailand is ready to start negotiations on concluding a free trade agreement (FTA) with the Eurasian Economic Union (EAEU).