Global trade to drop 5% this year

Global trade to drop 5% this year

(VOVWORLD) - Global trade is set to contract 5% in 2023, the UN Conference on Trade and Development (UNCTAD) said Monday, and its forecast for 2024 was pessimistic
Vietnam, IOM forge closer cooperation

Vietnam, IOM forge closer cooperation

(VOVWORLD) - Vietnam is committed to cooperating with the International Organization for Migration (IOM) to carry out the Global Compact for Migration, said Ambassador Le Thi Tuyet Mai, Head of the Permanent Mission...
WTO lowers 2023 global trade growth forecast

WTO lowers 2023 global trade growth forecast

(VOVWORLD) - The World Trade Organization (WTO) on Wednesday dramatically lowered its 2023 global trade growth forecast, as the conflict in Ukraine and other factors slow the world economy
WTO reaches consensus on landmark package of trade

WTO reaches consensus on landmark package of trade

(VOVWORLD) - The World Trade Organization on Friday produced the “Geneva Package”, which contains a series of unprecedented decisions on fisheries subsidies, WTO response to emergencies, including a waiver of certain requirements concerning...
Vietnam supports WTO's multilateral trade system

Vietnam supports WTO's multilateral trade system

(VOVWORLD) - Minister of Industry and Trade Nguyen Hong Dien joined trade ministers and senior officials from 164 member countries of the World Trade Organisation (WTO) at the 12th WTO Ministerial Conference (MC12...
Economic recovery highlighted at AMM-32

Economic recovery highlighted at AMM-32

(VOVWORLD) - The 32nd Asia-Pacific Economic Cooperation (APEC) Inter-Ministerial Meeting (AMM 32) opened Monday under the chairmanship of New Zealand’s Minister of Foreign Affairs and Minister of Trade...
WTO raises global trade volume forecast

WTO raises global trade volume forecast

(VOVWORLD) - The World Trade Organization has upgraded its forecast for global trade volume growth to 10.8% in 2021 and 4.7% in 2022 from its previous forecast of 8% and...