Vietnam witnessed declines in exports and imports in the first four months of this year, and exploring new markets is now considered one of the solutions to foreign trade bottlenecks.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Director-General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweal agreed to promote the multilateral trading system and other agendas being launched by the organisation, during their working session in Hanoi on May 18.

The US Department of Commerce (DOC) has announced an extension of the investigation period of trade remedy tax evasion for several goods imported from Vietnam, according to the Trade Remedies Authority under the Vietnamese Ministry of Industry and Trade.

Economic, trade and investment cooperation has served as both a pillar and momentum of the relations between Vietnam and the Republic of Korea (RoK), Deputy Minister of Foreign Affairs Nguyen Minh Vu affirmed at a programme in the northern province of Bac Ninh on May 18.

China is set to resume imports of Australian timber from Thursday and talks are under way about a visit by Australian Prime Minister Anthony Albanese to Beijing, China's ambassador to Canberra said on Thursday.

China’s economic and trade cooperation with the five Central Asian countries has achieved tangible results since the establishment of diplomatic ties more than 30 years ago, Chinese Ministry of Commerce said in a press briefing on May 18.

Indonesia is increasing its trade engagement with Egypt as a gateway for exports to other African countries, its trade minister said on Thursday, following an official trip to Cairo.

The United States and Taiwan have concluded negotiations on a trade agreement to deepen economic ties amid growing tensions between Washington and Beijing.

The Mercantile Exchange of Vietnam (MXV) is to play an increasingly important role in global trade with changes in the Southeast Asia economy's supply and demand impacting the listed prices of commodities on global exchanges, said trade experts at a workshop held in Hanoi on May 17.

The Japanese market still has much room for growth and development, especially in the key fields of Vietnam, such as agriculture and fishery, textiles, and footwear. However, Vietnamese enterprises must improve their capacity to respond to this market's standards to bring high value to export goods.