The RCEP along with other free trade agreements that Vietnam is a part of would continue to help the country become an attractive investment destination globally.

If the world's GDP growth decreases by one percentage point, Vietnam's export expansion would fall by four percentage points, but the decline in 2020 seems to be even more serious.

The US – Vietnam relations have witnessed steady progress over the past 25 years, ranging from politics, foreign policy, to economy and trade, among others.

While FTAs are beneficial to Vietnamese enterprises, only foreign-invested firms so far are able to take full advantage of these trade deals, stated a senior government official.

Despite high economic openness and growing global uncertainties, Vietnam’s economy still maintains its resilience and is on track for a V-shaped recovery, stated economist Nguyen Minh Phong.

The government would continue to hold majority stakes at state-owned commercial banks, and maintain presence in companies operating in fields that are essential to the economy.

Vietnam’s Cai Mep International Terminal is now among 20 ports globally that are capable of receiving Margrethe Maersk, one of the world’s largest container ships.

Both Vietnam and the UK are looking for a trade deal after Brexit.

In addition to higher trade turnover, the implementation of the two new-generation and high-standard deals is pushing Vietnam to revise its legal framework to ensure compatibility.