Indonesia and Singapore signed six memoranda of understanding (MoUs) in late March 2023 to enhance bilateral ties. The MoUs cover renewable energy, sustainable housing development, knowledge sharing and research, healthcare, urban search and rescue, and technology exchange.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien had a working session with Australian Minister for Trade and Tourism Don Farrell in Hanoi on April 17, discussing specific measures to enhance economic and commercial ties and effectively implement the Vietnam - Australia Enhanced Economic Engagement Strategy.

Digital transformation, creating suitable designs and recycling clothes are now proving to be important target activities for the garment and textile industry towards a circular economy and sustainability.

ASEAN and the Republic of Korea are currently in the process of upgrading its existing free trade agreement, according to Satvinder Singh, the deputy secretary-general for ASEAN Economic Community.

Shrimp prices in the world market have gradually decreased since the end of 2022. For instance, at the end of February 2023, the price of Indian shrimp was at VNĐ110,000 (US$4.53) per kilo.

Despite enduring a decline in key seafood exports during the first quarter of the year, there are positive signs ahead for Vietnamese aquatic products in the UK, Japan, Germany, and Israel, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The dynamism and experience of a producing country will be advantages for Vietnamese businesses when joining the global halal market, to which Singapore is the nearest gateway, said Vietnamese Trade Counsellor to the city state Cao Xuan Thang.

Unilateral action on trade by European Union member states is unacceptable, the bloc's executive said on Sunday, after Poland and Hungary announced bans on grain and other food imports from Ukraine to protect their local agricultural sectors.

Viet Nam is among the countries that record biggest improvements in in business environment over the past year, reported the Economist Intelligence Unit (EIU).

According to customs data, Vietnam’s export of timber and timber products reached 2.88 billion USD in the first quarter of 2023, down 28.3% from the same period last year.