On May 18, the Ministry of Finance held a seminar on “Effectively implementing Vietnam’s commitments on preferential export tax and special preferential import tax in the implementation of FTAs”.

Canada will eliminate all remaining import duties on Vietnamese textile and garment products this year in accordance with the Pacific Rim trade deal, but the benefits could be offset by other challenges.

Authorities, localities, fishermen, and businesses have kept taking measures to fight illegal, unreported, and unregulated (IUU) fishing, striving to get the European Commission (EC)'s “yellow card” warning to be removed soon.

The quantity of Vietnamese agricultural goods exported to China via border gates in the northern mountainous province of Lao Cai has witnessed a significant upswing this year, surpassing figures from previous years.

Currently, the  Regional Comprehensive Economic Partnership (RCEP) is the world’s largest free trade agreement (FTA) outside of the World Trade Organization (WTO).

TT Meridian, a leading international logistics and trading company specialising in the UK and Vietnam markets, on May 19 announced a new all-cargo air route between the UK and Vietnam via Turkmenistan.

Free trade is the cornerstone of a competitive economy as it contributes to the prosperity of any nation and creates socioeconomic benefits. It also drives job creation and fosters a more efficient and competitive industry. 

Vietnam is transforming into a manufacturing-oriented economy via its increasing participation in the global value chain, especially in manufacturing.