Vietnamplus

Thailand’s fresh mango exports increased by 11 million USD in the first two months of 2022, a 15-percent jump from the same period last year.

Thailand plans to seek more free trade agreements (FTAs) with countries in the Middle East, Africa and Latin America by the second half of this year, a move to expand new export markets.

Exports and imports reported double-digit growth in the first quarter of 2022, signaling a good year for the foreign trade.

The Ministry of Industry and Trade (MoIT) and the British Embassy launched the Vietnam National Trade Repository (VNTR) at a ceremony held in Hanoi on March 30.

President Nguyen Xuan Phuc has recommended Vietnam and Malaysia capitalise on free trade agreements of which both are members, particularly the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP).

Vietnam has proposed that ASEAN countries agree on a pragmatic approach in negotiations to upgrade the ASEAN Trade in Goods Agreement (ATIGA) in order to generate real added value to ASEAN businesses, during the 28th ASEAN Economic Ministers' Retreat that virtually opened on March 16.

As the export of Vietnam’s timber and wooden products posted positive signs in the first two months of 2022, many firms are increasing capacity to meet the schedule of orders until the end of this year’s second quarter.

Vietnamese wood and furniture products are expected to grow in 2022 due to the purchasing demand of the international market along with meeting necessary factors in Free Trade Agreements (FTAs).

Bilateral and multilateral free trade agreements (FTAs), including the Regional Comprehensive Economic Partnership (RCEP) which took effect from January 1, are expected to become a new momentum promoting Vietnam's economic growth in 2022.

Despite pandemic-caused difficulties, Vietnam still posted a trade surplus of 4 billion USD, an impressive achievement partly attributed to free trade agreements (FTAs), especially the new-generation ones.

The Vietnamese Ministry of Industry and Trade’s implementation of free trade agreements (FTAs) has produced positive results in the past two years, an official has said.

With a vibrant economic climate, Vietnam remains a strong candidate for investment from the Association of Southeast Asian Nations (ASEAN) and beyond, according to the Vietnam Briefing newswire.

Australia’s investment in Vietnam would grow further in the coming time thanks to free trade agreements (FTAs), heard a workshop held virtually in Hanoi on December 22.

Vietnam’s export-import could reach 640-645 billion USD, with a slight trade surplus this year, according to deputy head of the Ministry of Industry and Trade’s Export and Import Department Tran Thanh Hai.

In the context of complicated development of the Covid19 on a global scale, bilateral trade between Vietnam and the EU recorded significant increase after the EVFTA was enforced. Vietnam’s export to the EU reached 39.75 billion USD, increased by 6.2%, thanks to the recovery of the EU economy in the second quarter of 2021 and the tariff cut under EVFTA.

After months of contraction due to the COVID-19 pandemic’s impacts, production and export activities are recovering strongly, the Dau tu (Vietnam Investment Review) newspaper reported.

Trade remedies should be utilised more and in a more effective way to ensure fair competition and protect domestic production in the context of Vietnam’s deeper integration into the global economy through joining more free trade agreements (FTAs), according to experts.

The Asia-Pacific Economic Cooperation (APEC) should carry forward its leading role in promoting free trade, said Minister of Foreign Affairs Bui Thanh Son at the 32nd APEC Ministerial Meeting held in the form of teleconference on November 8-9.

Since Vietnam joined the World Trade Organisation (WTO) 15 years ago, the country has made big strides on the path of international integration, confidently joining the global playground.

The Republic of Korea (RoK) has officially signed its bilateral free trade agreements with Cambodia and the Philippines in a move to deepen their economic ties.