The transition towards a circular economy (CE) offers 4.5 trillion USD in economic opportunities globally by reducing waste, stimulating innovation, and creating employment, according to Ramla Khalidi, Resident Representative of UNDP in Vietnam.

Ministers of 14 Indo-Pacific nations affirmed Tuesday they will accelerate U.S.-led negotiations to set rules on their economic cooperation in the region to counter China's growing clout, the Japanese government said.

It’s been two years since former Prime Minister Boris Johnson signed his Brexit trade deal and triumphantly declared that Britain would be “prosperous, dynamic and contented” after completing its exit from the European Union.

Amidst a growing opinion in favour of a free trade agreement between India and Vietnam, a boom in bilateral trade, rising FDI, value chains linkages and services trade are quietly underscoring the deepening economic cooperation between the two partners, with a deal being seen as a natural corollary to the South-East Asian nation’s increasingly strategic importance for India.

Many domestic and foreign economic experts have recommended that Vietnam needs to diversify its market to be proactive in dealing with trade risks.

The logistics industry of Việt Nam had large potential for development, given the heavy investments in infrastructure system including building and expanding expressways, airports, seaports, and logistics centres.

In 2022, Vietnam has implemented an unprecedented series of fiscal policies to recover and develop socio-economically after the Covid-19 pandemic.

Union minister of Commerce and Industry Piyush Goyal and his Bangladeshi counterpart Tipu Munshi discussed the settlement of trade in Indian rupees in New Delhi on Thursday. The two countries will also likely develop a free trade agreement (FTA) soon.

More Vietnamese products have been targeted by trade defence mechanisms and barriers as the country entered numerous free trade agreements and integrate further into the global economy.

Vietnam is actively seeking more approval from EU member states of its bilateral investment protection deal with this bloc, in a bid to attract more funding.