Eight trade associations representing Vietnamese and South Korean investors and factories in Vietnam recently wrote to the Office of the US Trade Representative (USTR) to consider an extension of the comment period on the Vietnam Section 301 Investigation so that they can provide the latter with the most well-rounded and impartial comments and inputs.

The UK-Vietnam Free Trade Agreement (UKVFTA), likely to come into force in 2021 beginning, is promising Vietnamese garment-textile and footwear companies several export opportunities to the European market, especially when the EU-Vietnam Free Trade Agreement (EVFTA) is no longer applicable to the United Kingdom after Brexit, the ministry of industry and trade (MoIT) said.

Fifteen countries across the Asia-Pacific signed the Regional Comprehensive Economic Partnership (RCEP) agreement on November 15, creating the world's largest trading bloc that is expected to help accelerate the member nations' growth following the COVID-19 pandemic.