Deeper integration into the global value chain while developing an increasingly independent and self-controlled economy are both a requirement and a solution to help Vietnam overcome the challenges to realise its goal of rapid and sustainable development, according to Party Central Committee and Minister of Industry and Trade Tran Tuan Anh.

VOV.VN - Following the implementation of several bilateral and multilateral free trade agreements (FTAs), along with a number of impending FTAs, Vietnamese products have enjoyed a number of comparative advantages when gaining entry into demanding markets, according to the Ministry of Industry and Trade (MoIT).

The first meeting of the Vietnam-Germany Joint Committee for Economic Cooperation was held online on January 12, during which participants discussed the cooperation possibilities in industry and trade, manufacturing-processing, energy, and education-training.

VOV.VN - Publication Inside US Trade of the United States has released an article entitled “US, Vietnam working to avoid imposition of Section 301 tariffs”, citing a source that is familiar with the Office of the US Trade Representative (USTR)’s twin investigations into Vietnamese trading practices.

Minister of Industry and Trade Tran Tuan Anh, who is also Chairman of the Vietnam - US Trade and Investment Framework Agreement (TIFA) Council, has held phone talks with US Trade Representative (USTR) Robert Lighthizer to discuss bilateral economic and trade issues.

VOV.VN - Following the fulfillment of targets set for 2020, the industry and trade sector made positive contributions to overall economic growth at 2.91%, helping the nation maintain its steady growth momentum in import-export activities with a total turnover of over US$500 billion for the second consecutive year.

Vietnam has worked to develop the domestic market with a population of nearly 100 million people in the context that the COVID-19 pandemic has disrupted the global supply chains, said Minister of Industry and Trade Tran Tuan Anh.

VOV.VN - Vietnam has reached a consensus with Belarus on measures aimed at removing bottlenecks for the joint venture MAZ Asia on manufacturing, assembling trucks, and specific-use vehicles amid complicated developments relating to novel coronavirus (COVID-19), through revised protocol signed on December 3 in Hanoi.

The Ministry of Industry and Trade (MoIT) will make every endeavour to support Korean enterprises and attract high-quality investment from the Republic of Korea (RoK), Minister Tran Tuan Anh told a workshop hosted by the MoIT in Hanoi on November 26.

VOV.VN - The initial successes of the implementation of high-quality free trade agreements (FTAs) between the EU and ASEAN member states, such as the FTA between the EU and Vietnam, along with the FTA between the EU and Singapore, will provide a solid foundation towards one day having an FTA between ASEAN and the EU.