Vietnam and the United States celebrate 10 years of a comprehensive partnership this year. James Ollen, executive director for the American Chamber of Commerce in Ho Chi Minh City and Danang, shares his sentiments on trade and investment between the two countries.

One of the most striking changes over the decades has been Vietnam’s shift from one of the world’s most closed economies to one of the most open, in terms of trade and foreign direct investment to GDP ratios.

Japan may be at an inflection point in its 25-year battle with deflation as price and wage rises show signs of broadening, the government said on Tuesday, signalling its conviction the economy was nearing an end to prolonged stagnation.

The 17th Vietnam - Singapore Connectivity Ministerial Meeting took place under the co-chair of Vietnamese Minister of Planning and Investment Nguyen Chi Dung and Singaporean Second Minister for Trade and Industry and Minister for Manpower Tan See Leng.

Since the outbreak of the Covid-19 pandemic, the shift towards a digital economy and changing consumer shopping trends have contributed to boosting exports and goods consumption, helping the Vietnamese products reach distant markets.

Amid continual increases in the export price, many rice businesses have seen declining results due to a spike in operating costs.

South Korea's exports likely fell in August for an 11th consecutive month, a Reuters survey showed on Wednesday, as economic recovery in top export market China continues to stutter

According to the Vietnam Food Association, last week, the export price of 5% broken rice of Vietnam remained stable at a high level of 638 USD/tonne, while that of Thailand was 628 USD/tonne, and Pakistan's 598 USD/tonne. India is still maintaining a policy of banning the export of ordinary rice, resulting in forecasts for increased market demand in the coming time.

Gina Raimondo, the commerce secretary, emphasized U.S. concerns over harsh treatment of foreign companies and national security issues in a meeting with top officials in Beijing.

Viet Nam racked up a trade surplus of US$20.19 billion during the first eight months of the year, the General Statistics Office (GSO) reported Tuesday.