Vietnamese Ambassador to the US Ha Kim Ngoc (Photo: VNA)
WashingtonDC (VNA) – The US Government has no plan to suspend the import ofVietnamese garments-textiles, said Vietnamese Ambassador to the US Ha Kim Ngoc.
Theembassy has contacted relevant US agencies to clarify the information, Ngoctold the Vietnam News Agency.
Theambassador pointed to the sound development of the Vietnam-US comprehensivepartnership, with two-way trade reaching 77.6 billion USD in 2019, makingVietnam one of the US’s 15 biggest trade partners.
Inthe first two months of this year, Vietnam’s export to the US grew 25.7 percentto 10.26 billion USD, in contrast to its decreasing export values to some othermarkets.
Lastyear, Vietnam’s garment-textile export to the US was nearly 15 billion USD,making up about 45 percent of the country’s total revenue in the sector. Duringthe January-February period, the turnover stood at 2.25 billion USD, up 5.3percent year-on-year, and accounted for nearly 48 percent of the total.
However,if COVID-19 lasts longer than expected in the US, it will affect Vietnam’s exportto the country, Ngoc warned.
He,therefore, called on businesses to keep calm and optimise opportunities tomaintain production and export, while reviewing their business strategies toadapt to the new situation.
Theambassador also urged domestic firms to seriously follow the Vietnamese PrimeMinister’s instructions against origin fraud and tax avoidance so as not toviolate relevant regulations set by the two countries.
TheVietnamese Embassy in the US will continue to discuss with US authorities toprovide the best support for Vietnamese businesses, Ngoc said, expressing hishope that once the epidemic is contained, there will be a consumption recovery,which would facilitate Vietnam’s export to foreign countries, including the US.
Onthis occasion, the ambassador spoke of cooperation in the fight againstCOVID-19 between the two countries.
TheEmergency Reserve Fund for Contagious Infectious Diseases under the US Agencyfor International Development (USAID) will inject 37 million USD to helpregional countries, including Vietnam, combat the disease, he said.
TheUS side is also weighing the import of Vietnamese medical equipment to serve itsdisease combat, the ambassador added./.
A chain of exhibitions on textile-garment and footwear machinery and accessories kicked off at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on November 20.
Foreign direct investment inflows into Vietnam’s textile and garment industry mounted to 19.5 billion USD over the last three decades with the Republic of Korea (RoK) being the top investor.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.