While Japan and the United States recently agreed to coordinate in building a new rules-based economic order in the Indo-Pacific region to counter China's growing clout, whether the framework can prosper and remain effective largely depends on its members gaining concrete benefits, analysts said.

The UK – Việt Nam Free Trade Agreement (UKVFTA) was promoting the influx of quality foreign direct investment (FDI) into Việt Nam.

On September 8-9, 2022, the Vietnamese delegation led by Minister of Industry and Trade Nguyen Hong Dien attended the Ministerial Conference under the Indo-Pacific Economic Framework for Prosperity (IPEF) hosted by USTR Ambassador Katherine Tai and US Secretary of Commerce Gina Marie Raimondo.

Over three years since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect, Vietnam’s exports to member economies, especially Canada, Mexico and Peru have significantly increased, showing high adaptation capacity of domestic firms.

Vietnamese exporters to the UK market should enhance their knowledge and capacity to cope with trade remedy investigations as the demand for using trade defense tools by the UK is anticipated to increase along with the rapid growth in trade revenue promoted by the enforcement of the UK- Việt Nam Free Trade Agreement (UKVFTA).

So far, India has agreed to three pillars relating to supply chains: tax, anti-corruption and clean energy, but the fourth pillar on data and privacy is yet to be completely agreed upon.

Chinese Vice Premier Han Zheng has stated that Hong Kong will be supported by Beijing for Hong Kong’s early accession to the Regional Comprehensive Economic Partnership (RCEP) to expand regional economic cooperation.

Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said.

Beijing’s efforts to secure dominance over critical chips are facing growing resistance from Washington.

Vietnam’s seafood exports to the UK are expected to pick up in the remaining months of this year with the full-year revenues projected to increase by 5% over last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).