The World Trade Organization agreed Tuesday to establish a panel to help settle a row between Indonesia and the EU over tariffs which the bloc has slapped on stainless steel products.

On the evening of May 30, in Hanoi, the Israeli Embassy in Vietnam celebrated the 75th Anniversary of the Independence of the State of Israel (1948-2023); 30 years of establishing diplomatic relations between the two countries (1993-2023).

China has approved another 47 farming area codes and 18 packaging facility codes for importing durian from Việt Nam, according to the Ministry of Agriculture and Rural Development.

Deputy Prime Minister Le Minh Khai has just signed a decision approving the Strategy on Development of Vietnam's Rice Export Markets until 2030, which aims to develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure.

The Indo-Pacific Economic Framework for Prosperity (IPEF), an economic strategy proposed by the US, is a new attempt to revise the connection between the US and Asia-Pacific countries. As an open framework, the success of IPEF is still open to question as there are no trade provisions or potentially reduced tariffs for commercial activities. As such, the participation of Vietnam is largely dependent on the outcome of discussions and implementation

Deputy Secretary for Foreign Affairs and Trade of New Zealand Vangelis Vitalis has expressed his belief in stronger trade ties between Vietnam and his country, saying that the two sides will expand their cooperation to other areas in the future.

There remains an ample room for Vietnamese exports to Africa, as the country accounts for only 0.6% of the continent's total import of 600 billion USD per year, according to the Ministry of Industry and Trade, given opportunities brought about by the African Continental Free Trade Area (AfCFTA) agreement.

Vietnamese enterprise Vinh Thanh Dat Food has exported a batch of liquid eggs to the Republic of Korea (RoK) for the first time.

Exporters of fishery products could hardly achieve the target of US$10 billion in revenue this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Global trade is facing many great challenges in the context of economic difficulties, the increasing trend of trade restrictions between countries, while the role of the World Trade Organisation (WTO) is at risk of being narrowed. Building a free, open and fair trade environment has been deemed an urgent task at the recent APEC Trade Ministers’ Meeting in the US.