South Korea is a large economic partner of Vietnam. It also is a potential export market for Vietnamese enterprises in many fields.

The world faces unprecedented and difficult challenges, including US–China rivalry, the Russian invasion of Ukraine, the COVID-19 pandemic, climate change and supply chain disruptions. One consequence of these challenges is the possible division of the world economy into two or more political blocs not unlike the situation that prevailed before the Second World War. To avoid this, the rules-based international trading system needs re-invigoration to deal with the problems faced by the World Trade Organization (WTO).

The EU has finally sealed a Partnership and Cooperation Agreement (PCA) with Thailand, its sixth with a Southeast Asian country, as both sides seek to repair relations that frayed following a military coup in Bangkok eight years ago.

Vietnamese enterprises should study the use of different dispute resolutions to settle disputes with foreign partners more efficiently, especially as commercial disputes are tending to rise in line with Việt Nam’s deeper integration in the global economy through free trade agreements (FTAs).

Vietnam is willing to serve as a bridge to promote ASEAN-Russia cooperation, including the establishment of the ASEAN-EAEU Free Trade Agreement.

As part of the hyperactive senior official- and minister-level talks launched during US President Joe Biden's visit to Japan in May, the United States is hosting the first in-person ministerial meeting of "Indo-Pacific Economic Framework" signatory states on Thursday and Friday.

China and Israel aim to sign a free-trade agreement by the end of 2022, an Israeli official said on Wednesday, in a breakthrough that would give Beijing its first deal in the Middle East plus a boost after years of trade friction with Australia and the United States.

Inflation and a rising dollar are weighing heavily on seafood consumption in markets, especially big markets such as the US, EU, China, UK.The shadow of inflation seems to have begun to affect the market of Vietnam's seafood exports.

Russia is set to strengthen its business ties with nations in Southeast Asia amid economic sanctions West imposed on Russia over its invasion of Ukraine.

Industrial products contribute significantly to Vietnam’s export value to the UK.