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India's cumulative trade deficit with China has exceeded $1 trillion since bilateral commerce began to boom in the early 2000s, and the trade gap has particularly widened in the past decade, India media outlet The Hindu reported on Wednesday.

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The ominous clouds of global economic recession are getting thicker and deeper. Amid all that gloom, Asian economies, particularly Southeast Asia, remain a bright spot with hope and humour for the next year.

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According to the Ministry of Industry and Trade, over the past time, logistics activities in Vietnam have made great progress, import and export turnover has increased rapidly.

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Such high economic growth reflects the economy’s strong recovery after a difficult period in 2020-2021.

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Economic and Social Research Institute analysis found ‘substantial reduction in number of products traded’

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42 per cent of European companies anticipate that they will increase foreign direct investment (FDI) flows to Vietnam by the end of 2022.

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US businesses assess Vietnam as a potential market with a strategic location in the region, COVID-19 pandemic brought under control, a stable business environment, and an extensive network of free trade agreements (FTAs)

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Mangoes, longans, lychees, dragon fruit, rambutans, star apples, and pomelos are the seven different kinds of Vietnamese fruit which have been granted the green light to enter the US market so far.

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The Multilateral Stakeholder Forum (MSF) 2022, themed "Improving Việt Nam's position in the global value chain: Multilateral cooperation in capacity building and traceability responsibility", was held in Hà Nội on Wednesday.

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After over five years of negotiations, the US Department of Agriculture has officially licensed the import of fresh pomelo from Vietnam.

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