China and Peru held their fifth round of talks over the upgrading of their bilateral free trade agreement (FTA) in Beijing from May 30 to Friday, the Ministry of Commerce (MOFCOM) announced in a statement on Monday.

The export of durian and coconut is expected to hit 1 billion USD this year thanks to increasing demand from China, according to experts.

Prime Minister Phạm Minh Chính has called for greater economic cooperation between Việt Nam and the United Arab Emirates (UAE), particularly in the conclusion of the Comprehensive Economic Partnership Agreement (CEPA) negotiations.

Vietnam's pepper exports are not challenged by Cambodia being issued a licence to export its pepper to China directly, according to experts.

The Ministry of Agriculture and Rural Development (MARD) has sent a working group to China’s Guangxi and Yunnan provinces to seek measures to promote the trading of agro-forestry-fisheries products between Vietnam and China, one of the major export markets of Vietnam, said Deputy Minister Tran Thanh Nam.

Minister of Foreign Affairs Bùi Thanh Sơn met with President of the French Senate Gérard Larcher in Paris yesterday, as part of his working visit to France.

The cooperation in market surveillance would contribute to facilitating the import of high-quality food and agricultural products from Việt Nam for consumption in China and create a base to strengthen the stable and long – term trade cooperation between the two countries.

Slow recovery in global demands for consumption and waning production at home are expected to continue making it difficult for Vietnam to swell exports this year.

Vietnam is a very important economic partner of Australia, Australian Ambassador to Vietnam Andrew Goledzinowski told the press ahead of Australian Prime Minister Anthony Albanese’s visit to Vietnam from June 3-4.

The Regional Comprehensive Economic Partnership (RCEP) entered into force in the Philippines on Friday, signifying that the pact is now effective for all 15 members, a new stage of full implementation for the free trade area with the largest population, largest economic and trade volume in the world.