The global semiconductor and chip race is heating up and Việt Nam should take this opportunity to raise its’s position on the global semiconductor manufacturing map as some leading corporations have invested in semiconductor manufacturing in the country.

On November 18 2022, the Minister of Industry and Trade of Vietnam promulgated Circular No. 32/2022/TT-BCT, which amends Circular No. 05/2022/TT-BCT prescribing Rules of Origin under RCEP Agreement.

Although Vietnam has only been exporting durians to China via official channels since September of this year, it could soon give Thailand – the largest exporter of the fruit to China – a run for its money.

Vietnam now has the opportunity to receive a new capital flow worth billions of dollars as it has caught the attention of many foreign investors.

The Ministry of Commerce and the Embassy of the Republic of Korea in Phnom Penh on Thursday co-organised a workshop on dissemination of the benefits and export procedures to local exporters under the Cambodia-Korea Free Trade Agreement (CKFTA).

Australia’s parliament ratified the India-Australia Economic Cooperation and Trade Agreement (ECTA) on November 22. The two countries has signed the ECTA on April 2 this year. The trade deal will now come into effect on a mutually agreed date.

Cambodia's trade value with the other 14 members of RCEP topped $24 billion in the first nine months of 2022, marking a roughly one-tenth year-on-year increase, according to commerce ministry data.

The Vietnam – South African joint committee on trade cooperation convened its fifth meeting in Johannesburg on November 24 to seek ways to foster bilateral economic and trade partnerships.

The Plant Protection Department under the Ministry of Agriculture and Rural Development on November 24 announced the completion of opening the Japanese market for longan, the Chinese for sweet potato, and that of New Zealand for lime and grapefruit of Vietnam.

The year 2023 is set to be extremely busy for Indian trade negotiators as they will engage four key economies – the UK, the European Union (EU), Canada and the Gulf Cooperation Council (GCC) – on trade deals while targeting to close a deal with the UK by the Holi festivities in March.