China is committed to its fundamental national policy of opening to the outside world and pursues a mutually beneficial strategy of opening up, a spokesperson for China's Foreign Ministry on Tuesday, noting China's major trade fairs as examples of the country's high-level opening up.

It is necessary to control inflation but also ensure opportunities for businesses to access capital, said economist Tran Dinh Thien.

Skyrocketing inflation and energy costs are expected to dampen European spending on retail goods, which will come down hard on Asian production centers.

British trade with India has hit its highest recorded level ever despite failure of both governments to clinch a trade deal by its hoped for deadline this week.

The Ministry of Industry and Trade recently hosted a trade promotion conference in the Netherlands to sound out trade cooperation opportunities and introduce the potential for local firms in the market.

The European Union-Vietnam Free Trade Agreement (EVFTA) and the European-Vietnam Investment Protection Agreement (EVIPA) have helped the country attract foreign direct investment (FDI) from EU member states.

EC’s recommendations related to regulations on combating illegal, unreported and unregulated (IUU) fishing, Vietnam’s fishery sector and 28 coastal localities have made active efforts to perfect the legal framework.

The EU-Vietnam Free Trade Agreement (EVFTA) officially took effect more than two years ago, and bilateral trade has grown considerably ever since.

China is considering the import of Vietnam’s sweet potato via official channels, with its customs officers scheduling a virtual survey of growing areas and packaging facilities in Vietnam this week.

Aluminum is the latest casualty of global economic headwinds as prices sink amid alleged dumping of Russian aluminum, weakening global demand and soaring operational costs.