Singapore trade policies increasingly cautious

Singapore trade policies increasingly cautious
(VEN)- Singapore has adopted increasingly cautious trade policies to avoid dependence on specific export or import markets as it tackles the Covid-19 spread. Vietnam Economic News’ Thu Phuong and Nguyen Huong discussed the issue with Dr. Tran Thu Quynh, Vietnam’s Trade Counselor in Singapore.

Vietnam-Cuba trade agreement officially takes effect

Vietnam-Cuba trade agreement officially takes effect
A new trade agreement between Vietnam and Cuba officially came into force earlier this month, and is expected to help bring bilateral economic, trade and investment ties on par with their sound political relationship.

Creditors suspend debt payments for poor countries

Creditors suspend debt payments for poor countries
The main international creditors have agreed to suspend the payment of the debt of the poorest countries this year, throwing a financial lifeline to help them cope with the coronavirus crisis, said the French Minister of Finance on Tuesday.

Vietnam imports cotton from US to ease trade imbalance

Vietnam imports cotton from US to ease trade imbalance
(VEN) - Vietnam continues to facilitate trade with the US despite the expanding Covid-19 pandemic. The Ministry of Industry and Trade is directing the implementation of an action plan to develop harmonious, sustainable trade relations with that market.

Vietnam, Saudi Arabia work to shrink trade imbalance

Vietnam, Saudi Arabia work to shrink trade imbalance
(VEN) - While trade cooperation has flourished between Vietnam and Saudi Arabia, both sides are concerned about a trade imbalance. This year, the Vietnamese Trade Office in Saudi Arabia has launched a plan focusing on trade connectivity and introducing Vietnam’s products to the Saudi market.

ASEAN targets 2020 RCEP signing despite Indian obstacle

ASEAN targets 2020 RCEP signing despite Indian obstacle
(VEN) - Vietnam, in its role as ASEAN Chair in 2020, will continue to coordinate with regional countries to advance negotiations on the Regional Comprehensive Economic Partnership (RCEP) toward a successful conclusion and signing in late 2020.

ASEAN ministers urge health protection - not trade protectionism

ASEAN ministers urge health protection - not trade protectionism
(VEN) - Member nations of ASEAN have agreed that restrictions on cross-border movements in Southeast Asia should be based on public health considerations stemming from the Covid-19 pandemic, and should not unnecessarily restrict trade within the region. Economic ministers of the 10-nation trade pact adopted the decision at their 26th retreat in the central city of Da Nang.

Government drafts action program for EVFTA implementation

Government drafts action program for EVFTA implementation
(VEN) - Minister of Industry and Trade Tran Tuan Anh is seeking to focus on three key issues in developing the government’s action program for implementation of the EU-Vietnam Free Trade Agreement (EVFTA), which will take effect later this year. 

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