The EU-Vietnam Free Trade Agreement (EVFTA), which has been effective for three years, has generated positive results, reflected by a record in the trade between Vietnam and the EU, including Germany, according to Dr. Daniel Müller, Regional Manager for ASEAN at the German Asia-Pacific Business Association.

VOV.VN - Vietnam’s import-export value from the beginning of the year to August 15 stood at an estimated US$402 billion with a trade surplus of US$16.25 billion, reported the General Department of Vietnam Customs.

Dwindling demands in the global market are posing challenges to Vietnam to meet its considerable export target for this year.

Minister of Industry and Trade Nguyen Hong Dien had a working session on August 19 with Indonesian Minister of Trade Zulkifli Hasan on the sidelines of the 55th ASEAN Economic Ministers (AEM) that is taking place in Semarang, Indonesia.

VOV.VN - President Ramchandra Paudel expressed Nepal’s wish to strengthen cooperation with Vietnam, especially in economy, trade and investment, during his recent reception for Vietnamese Ambassador to India, Bhutan and Nepal Nguyen Thanh Hai.

Wood producers and exporters are pinning high hope on trade fairs and expos, as the lack of orders is causing difficulties for their production and business activities, according to insiders.

As a member of 19 underway free trade agreements (FTA), Vietnam has enjoyed great opportunities to expand markets and strengthen the commercialisation of its products and services in the future, according to experts.

The chip-based ID cards have facilitated the implementation of the Vietnam Electronic Contract Development Axis (www.CeCA.gov.vn) by the Ministry of Industry and Trade, said the Vietnam E-Commerce and Digital Economy Agency.

VOV.VN - Israeli Minister of Economy and Industry Nir Barkat has affirmed that through the recently-signed Vietnam-Israel Bilateral Free Trade Agreement (VIFTA), the nation has begun to become an important partner on the investment map of Israel.

VOV.VN - Prime Minister Pham Minh Chinh expressed Vietnam’s desire to enhance multifaceted cooperation with Israel during his reception in Hanoi on August 16 for visiting Minister of Economy and Trade Nir Barkat who is also co-chairman of the Vietnam – Israel Inter-government Committee.