Western sanctions have hit Vietnam's exports to Russia, causing a drop of nearly 60% year-on-year, Vietnamese media reported, referring to the data provided by the Vietnam Trade Office in Russia.

Timor-Leste took a major step closer to WTO accession today. The EU and Timor-Leste signed a deal concluding their bilateral market access negotiations on services and goods as part of Timor-Leste’s accession process to the World Trade Organization.

The Vietnamese rice industry is set to benefit from the high demand and prices this year, with lower input costs leading to expanded profit margins for rice businesses.

Thanks to positive signals from the world market and strengths in brands and resources, many large state-owned enterprises have been planning to expand trade and export activities.

Some countries have alleged that India did not give sufficient replies to concerns raised by them during consultations

Despite some reductions in attraction of foreign direct investment in the first quarter of this year, Vietnam is expected to see a rebound in this kind of capital for the whole year, with investors’ confidence into the economy continuing to rise.

The European Union is considering loosening control conditions for instant noodles imported from Vietnam following its improvements in enhancing import product quality, according to the representatives of the Vietnamese Trade Office in Belgium and the EU.

Going green become vital for Việt Nam’s garment and textile industry in the context of increasing requirements for sustainability.

The increasing scarcity of energy in many countries around the world in the past year is the main factor promoting the good growth of Vietnam's woodchip exports.

Along with China's reopening, Vietnam is negotiating to diversify seafood exports to China. However, there are still barriers that exporters must overcome.