Amid unpredictable fluctuations in US tariff policies, Vietnamese businesses must take a proactive and strategic approach to sustain their exports to this key market, experts emphasised at a workshop held in Ho Chi Minh City on May 9.
Dang Ngoc Diep, Director of the Department of Planning and Finance under the Ministry of Agriculture and Environment, noted that despite mergers of units and personnel changes, the agriculture and environment sectors stayed well in the black for the first three months of this year.
In a letter sent to US President Donald Trump, Cambodian Prime Minister Hun Manet requested negotiations after the US imposed a 49% tariff on products from Cambodia, urging Trump to postpone the tariff implementation.
Cumulative power output in the first two months of this year totaled 45.06 billion kWh, dominated by coal-fired thermal plants with 55.1%, followed by hydropower with 20.6%, and renewable energy 16.3%. Imported electricity accounted for only 1.9%.
Indonesian Coordinating Minister for Food Zulkifli Hasan on January 16 called on the Indonesian Quarantine Agency (Barantin) to strengthen its human resources, upgrade laboratory facilities, and harness information technology to bolster the nation’s quarantine capabilities.
Vietnam's total trade revenue reached 786.29 billion USD in 2024, up 15.4% year-on-year, with a trade surplus of 24.77 billion USD, the General Statistics Office (GSO) said at a press conference in Hanoi on January 6.
The Indonesian government expressed optimism that the plan to stop importing sugar and several other commodities in 2025 will be implemented due to increased domestic production.
Vietnam's total import-export turnover reached 745 billion USD as of December 14, marking a robust 15.3% growth compared to the same period in 2023, according to the General Department of Vietnam Customs.
State budget collection from import and export activities surged 14.5% year-on-year to nearly 346.3 trillion VND (13.7 million USD) in the first 10 months of 2024, reaching 92.3% of the annual target, the General Department of Vietnam Customs reported on November 7.
The trip by Party General Secretary and State Presiden To Lam, his spouse, and a high-ranking delegation of Vietnam to attend the United Nations Summit of the Future and the 79th session of the UN General Assembly (UNGA 79), and hold working sessions in the US is expected to bring new opportunities for the Vietnam-US trade ties.
State budget collection from export-import activities reached 274.03 trillion VND (11.1 billion USD) in the first eight months of 2024, equivalent to 73.1% of the assigned estimate and up 13.1% year-on-year, the General Department of Vietnam Customs (GDVC) announced on September 10.
Vietnam recorded a trade surplus of 19.07 billion USD in the first eight months of this year, the General Statistics Office (GSO) announced on September 6.
While the influx of imported goods has presented challenges, with signs of dumping and subsidisation impacting domestic industries, Vietnam has effectively countered these threats.
The Halal Product Assurance Agency (BPJPH) has stated that more than 50 countries are so far intent on cooperating with Indonesia in halal product assurance.
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.