The UK's accession to the Progressive Agreement for Trans-Pacific Partnership (CPTPP) will expand market access opportunities for Vietnamese goods and help increase Vietnam's attractiveness in the eyes of foreign investors, said Vice President Vo Thi Anh Xuan on Saturday.

Germany remains Vietnam’s biggest trade partner in the European Union and one of the largest EU investors in the country, with bilateral trade exceeding 11 billion USD last year, said Prime Minister Pham Minh Chinh. Vietnam is currently one of Germany's largest trading partners in ASEAN and its 5th largest trading partner in Asia.

On 1 May 2024, a new free trade agreement between the European Union and New Zealand entered into force, with the aim of eliminating tariffs on goods originating in these countries over the period of seven years. The agreement also provides for quantitative quotas for certain products. Once these quotas are reached, a contractual (standard) tariff rate will apply to imports into the EU.

Experts say Canada’s trade relationship with the European Union isn’t necessarily in jeopardy, but there could be some knock-on effects after far-right parties made major election gains over the weekend.

Pepper is still available among the people, but they do not sell it massively, but sell it in small doses to listen to the price. Pepper prices fluctuate by hour. In the afternoon, people quote one price but at noon the next day they quote another price.

In the first five months of this year, the export revenue of wood and wood products reached 6.14 billion USD, a year-on-year increase of 23.6%. As recorded, the businesses’ orders have been increasing until June, even the end of the year. These are good signals, contributing to improving the export value of the wood industry.

Vietnam has opportunities to boost exports of agricultural, forestry, and fishery products with the export value expected to shortly surpass US$53 billion.

Vietnam always greatly values Germany’s role and leading position in Europe and the world as a whole, and places importance on deepening the bilateral strategic partnership across the board with the European nation.

The event opened up new cooperation opportunities in the industrial and technology sectors between Korean and Vietnamese companies.

The prices of many domestic and exported agricultural products have increased considerably from mid-2023 until now, especially the prices of rice and coffee. In the first four months of 2024, the average export prices of Vietnamese rice reached 644 USD per tonne, an increase of 22.2%, while the average prices of coffee were reported at 3,402 USD per tonne, a sharp surge of 49.7% over the same period in 2023.