The Vietnam-EU Free Trade Agreement (EVFTA), which took effect on August 1, 2020, has marked significant progress in bilateral trade, increasing Vietnam's exports to Europe from 35 billion EUR (nearly 39 billion USD) in 2019 to over 48 billion EUR in 2023.
Vietnam is the third largest mango supplier for the Republic of Korea (RoK) in the world, but the imports from Vietnam only account for 5.8% of the Asian country’s total, the Import - Export Department under the Ministry of Industry and Trade has reported.
The weaker baht is expected to boost the Thai economy and increase real GDP of the country by 0.4 percent, but not all manufacturers will reap the benefits, according to the Industry Ministry of Thailand.
A programme to promote cross-border trade connectivity between India and countries in the Greater Mekong Sub region (GMS) was jointly held by trade promotion agencies of Vietnam, India, Thailand and Cambodia on August 19.
