Prime Minister Pham Minh Chinh’s state visit to India from July 30 to August 1 focuses on further intensifying the two countries’ comprehensive strategic partnership in multiple spheres, thus responding to current geopolitical and economic changes, said Deputy Minister of Foreign Affairs Pham Thanh Binh.

Việt Nam is continuing to promote negotiating, signing and upgrading free trade agreements with partners in potential markets, creating favourable conditions for businesses to diversify markets, supply chains and export products.

The decision on Việt Nam's market economy status, a move that could boost the country's exports, is now expected to be announced on August 2.

Expanding export markets is the goal of most businesses to increase revenue and profits as well as enhance the reputation and brand stature of businesses.

Vietnam has a prime opportunity to lead in attracting technological "eagles".

Garment and textile enterprises must renew technology, move toward green production and bolster trade promotion, among others, to navigate headwinds, according to insiders.

Deputy PM Tran Luu Quang has signed a decision approving the plan to enhance the implementation of the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS) and SPS commitments within free trade agreements.

The Third International Cooperation Forum on RCEP Trade and Investment was held on Tuesday in Kunming, Southwest China's Yunnan Province, showcasing the latest achievements of the Regional Comprehensive Economic Partnership (RCEP). New cooperation agreements were signed between Chinese and Laotian companies, further deepening ties between the two countries.

Berlin wants to expand the British prime minister’s proposed security pact into a broader EU-UK “reset.”

RCEP has 15 Asia-Pacific countries as its members: China, Japan, South Korea, Australia, New Zealand, and the 10 member states of the Association of Southeast Asian Nations, representing more than 30 percent of global GDP and population.