Việt Nam’s economy remains strong despite potential US tariffs and global trade tensions, supported by steady FDI inflows, policy stability, and adaptability.
Vietnam and Indonesia have shown strong determination in enhancing their bilateral economic relations. Bilateral trade has witnessed robust growth, surpassing 16 billion USD in 2024, a sharp rise from 8.07 billion USD in 2020.
Imports from China increased, while exports decreased in the first two months of 2025, compared to the same period last year.
After more than 1 year of implementing the 1 million hectares of high-quality rice project, the linkage of the actors participating in the chain is not sustainable; especially the linkage with banks to help rice enterprises overcome difficulties in capital sources.
The Ministry of Industry and Trade (MoIT) and Việt Nam trade offices abroad are set to intensify collaboration with local departments, commodity associations and businesses to capitalise on export opportunities arising from international economic integration.
Achieving the goal of a 12-14% increase in total export turnover will demand concerted efforts from management agencies and the adaptability and resilience of the business community, according to an official.
In the context of the fluctuating global trade situation, opportunities for the Vietnamese seafood industry seem to outweigh challenges. The problem is what Vietnamese businesses in the industry must do to adapt and make a breakthrough.
With the growth target of over 8% this year and double digit growth next year, many economic experts emphasize that Vietnam needs to unlock new growth drivers. So which growth drivers in Vietnam need to unlock and develop?
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.
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