The Vietnamese Embassy and Vietnamese Trade Office in Indonesia jointly held a talk with the Vietnamese business community in the country on June 17, aiming to foster trade partnership between the two countries.

“Today we formally resume EU-India negotiations towards a free trade agreement, and begin negotiations on an investment protection agreement and an agreement on geographical indications,” EU trade commissioner Valdis Dombrovskis said

The Embassy of Vietnam in Egypt in collaboration with the Vietnamese Ministry of Industry and Trade and the Alexandria Chamber of Commerce held a forum on June 16 to discuss the potential for economic and trade cooperation between Vietnam and Egypt.

Chinese and Russian companies have reached agreements on key industries such as energy, food and other daily commodities on the sideline of the St. Petersburg International Economic Forum (SPIEF) from June 15-18, as the two countries are unleashing greater potentials in bilateral trade to boost the regional economy.

Vietnam is now being considered as the second largest market for e-commerce in the Southeast Asian region. However, a major part of this market is dominated by foreign investors.

Vietnam continues to work with other members in ensuring sustainable development for the world economy, bringing inclusive benefits while striving to provide practical support to the developing and least developed members.

Thanks to its solid foundation, Vietnam's economy has shown remarkable resilience in the context of an unprecedented "storm" that is the impact of the Covid-19 pandemic, along with the appearance of many variables. New incidents belong to the international context, typically the recent Russia-Ukraine conflict.

Vietnam, like many other East and Southeast Asian countries, is further climbing up the global value chain (GVC) thanks to the positive effect of the utilisation of foreign direct investment (FDI), according to the latest report by Hinrich Foundation.

The World Trade Organization chief presented countries with a series of draft trade agreements early on Friday that included pledges on health, reform and food security and urged that they be accepted as a major meeting stretched into its second day of overtime.

As the trade-off between business efficiency and “going green” is diminishing, Việt Nam’s economy and enterprises are accelerating towards green and sustainable growth in line with mainstream global trends.