In the first ten months of 2021, the US surpassed China to become the largest market for Vietnam to export agricultural, forestry and fishery products. In the opposite direction, the US also surpassed Cambodia to become the largest agricultural, forestry and fishery export market to Vietnam.

In 2018, the Trump administration imposed taxes on steel and aluminum from the European Union.

Việt Nam has gained strong growth in trade since it joined the World Trade Organisation (WTO) 15 years ago, according to the Ministry of Industry and Trade (MoIT).

China says it’s ready to reduce tariffs when the Asia-Pacific trade deal Regional Comprehensive Economic Partnership Agreement, or the RCEP, comes into force next year.

The Philippines continues to enjoy lower tariffs when exporting certain products to member states of the Eurasian Economic Union (EAEU).

The recovering European economy together with higher demand is providing Vietnamese enterprises with opportunities to promote exports and optimise advantages from the EU-Vietnam Free Trade Agreement (EVFTA), speeding up the recovery of production and business activities after a long period of suffering from COVID-19 impacts, according to experts.

In a move aimed at curbing inflation, Brazil Friday announced a 10% reduction of import tariffs on 87% of goods and services until December 31, 2022. Economy Minister Paulo Guedes now expects the other Mercosur countries to do the same.

Minister of Agriculture and Rural Development Le Minh Hoan worked with leaders of the Ministry of Agriculture, Agrifood, and Forestry of France during Prime Minister Pham Minh Chinh’s official visit to the European nation.