Vietnam's steel and aluminum products are renowned for their competitive prices and high quality, offering significant value to the US economy by helping curb inflation and fostering stronger bilateral trade ties, a point echoed by many importing nations.
The risk of a US-led trade war expanding globally raises concerns for Vietnam's exports and its ability to benefit from FTAs. Experts warn that Vietnam must closely monitor developments and proactively adapt to potential challenges.
As the threat of a global trade war looms, insiders held that Vietnam needs to take proactive steps to develop tailored responses that will insulate its production, business, and export activities from the effects of market volatility.
Carbon credit trading mechanisms are not yet working in many sectors, causing issues for enterprises who want to trade.
The pilot mechanism aims to create a controlled environment for the successful transformation, development, and operation of projects participating in the circular economy pilot.
Vietnam's exports to these markets witnessed strong growth in 2024, estimated at approximately $250 billion.
The combined export value of computers, phones, and electronic components accounted for nearly 40% of Vietnam's total export turnover in 2024, by December 15.
With sustainable foundations and appropriate development strategies in place, Vietnam continues to secure its position as one of the most outstanding bright spots in Southeast Asia and the world.
Thanks to sustainable foundation and appropriate growth strategies, Viet Nam remains a bright spot in the Southeast Asian region and global economy in the eyes of international banks and financial institutions.
Vietnam’s exports to Singapore continued the growth trajectory in November, rising by 31.32%, sustaining the year-on-year expansion of 32.11% for the first 11 months, positioning Vietnam as the partner with the fastest export growth there, reported the Vietnam Trade Office in the city state.
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