Vietnam and Indonesia ahead in negotiations; Thai turmoil takes toll on deal attempt.

That was the content discussed and shared at the training conference organized by the Department of Industry and Trade in coordination with the Department of Trade Defense (PVTM) - Ministry of Industry and Trade on July 3.

The U.S.-Vietnam Trade Deal, effective July 9, 2025, imposes a 20% tariff on Vietnamese footwear imports and a 40% levy on transshipped goods—those originating from countries like China and minimally processed in Vietnam.

In a significant move to bolster regional economic integration and facilitate foreign direct investment (FDI), UOB has signed five MoUs with government agencies and leading industry players in ASEAN and Greater China.

Washington’s latest trade decision hints at a broader diplomatic recalibration, as the global economic landscape demands new strategies to balance innovation with national interest.

The July 2 phone call between Vietnamese Party General Secretary To Lam and US President Donald Trump marks not only a significant step in bilateral economic ties but also bring about renewed optimism to Vietnam’s export community, particularly in southern provinces.

Minister of Industry and Trade Nguyen Hong Dien held a working session with newly appointed Ambassador of Australia to Vietnam Gillian Bird on July 2, during which the host called for stronger cooperation in trade, energy and industry.

Aquatic exports last month inched up just 4% from a year earlier to 876 million USD, a steep drop from May’s 20% surge, marking the weakest monthly gain in the first half.

As both neighbouring nations have set a new target of bilateral trade amounting to around $20 billion, the new international border gate will play a key role in achieving this goal, says Mr Hun Sen.

As Western countries shift gears and retreat into protectionism by erecting nontariff barriers and slapping tariffs as high as 50 percent on African countries, China's sweeping 100 percent duty-free access to 53 African nations marks a historic pivot.