On the sidelines of the SPS Committee meeting, the Vietnamese delegation held bilateral discussions with WTO member delegations.

Hien explained that rules of origin are a set of criteria used to determine the country where a product is manufactured (i.e. country of origin). These rules are especially important for goods produced using inputs from multiple countries, and require clearly defined methods and standards to identify the origin accurately.

Abdullah asserted that economic policies should support universal economic interests rather than serve as tools for superpowers to gain unilateral advantages - a practice he believes could lead to global economic depression.

The following is a list of selected news summaries reported last night by the Vietnam News Agency.

Indonesia has welcomed a recent ruling by the World Trade Organisation (WTO), which found that the European Union (EU) discriminated against Indonesian palm oil-based biofuel, giving it unfair and detrimental treatment, in setting biofuel regulations, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.

The World Trade Organisation (WTO) on December 13 held a closing ceremony for its 2024 class of young professionals.

Vietnam spent 10.48 billion USD to import nearly 15 million tonnes of steel in the first 10 months of this year, an additional concern of the domestic industry which is struggling to compete with the flood of cheap steel.

Minister-Counsellor Le Dinh Ba, Deputy Permanent Representative of Vietnam to the UN in Geneva, attended the 6th Trade Policy Review (TPR) session of Nigeria at the headquarters of the World Trade Organisation (WTO) in Geneva, Switzerland.

Vietnam and the Netherlands, together with the Sustainable Trade Initiative (IDH), co-organised a seminar in Geneva, Switzerland on October 8 to discuss Vietnam’s trade integration, development, and environmental management.

Costa Rican Minister of Foreign Trade Manuel Tovar, empowered by the Costa Rican President, on August 5 announced and handed over a diplomatic note to the Vietnamese Ministry of Industry and Trade (MoIT) affirming its recognition of Vietnam as a market economy.

Vietnam has made suitable efforts to clamp down on illegal, unreported and unregulated (IUU) fishing while striving to negotiate to have the European Commission (EC)’s “yellow card” removed, a counsel at the Advisory Centre on WTO Law told the Vietnam News Agency.

The rate of national standards and technical regulations on agro-forestry-aquatic food safety equivalent to international standards is expected to reach 100% by 2030, according to a freshly-approved project.

Over 17 years of being a member of the World Trade Organisation (WTO), Vietnam has seen hallmark economic growth thanks to economic integration into the world, providing strong momentum for further development.

Vietnam serves as chair of the sessions on food safety and sanitary and phytosanitary measures during this time’s negotiations on the upgrade of the ASEAN - China Free Trade Area (ACFTA), expected to further facilitate Vietnam and the Association of Southeast Asian Nations (ASEAN)’s exports to China.

Thailand’s government has greenlighted incentives worth 8 billion THB (225 million USD) for sugarcane farmers who agree to cut fresh sugarcane without burning the residue, a move aimed at helping reduce the amount of PM2.5 dust in the 2022-2023 harvest year.

Executive Vice President of the European Commission (EC) and EU Commissioner for Trade Valdis Dombrovskis said Vietnam's rise to become the bloc’s leading trade partner in ASEAN is a vivid demonstration of the success of the EU-Vietnam Free Trade Agreement (EVFTA).

Vietnamese firms should foster their imports of raw materials from the United Kingdom (UK) to enjoy preferential tariffs brought by the UK-Vietnam Free Trade Agreement (UKVFTA), trade experts have suggested.

Mongolian President Ukhnaagiin Khurelsukh, his spouse, and a high-ranking delegation of Mongolia left Hanoi at noon on November 5, concluding their five-day State visit to Vietnam at the invitation of President Vo Van Thuong.

Despite higher requirements for implementing international commitments, Vietnam has obtained highly encouraging results in trade defence, a senior official of the Ministry of Industry and Trade has said.

Prime Minister Pham Minh Chinh has just appointed Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan as head of the Government delegation for international economy and trade negotiations.