Despite holding potential, bilateral trade between Vietnam and Lithuania remains modest, averaging just US$100-150 million annually.

Malaysia has expressed its readiness to negotiate in four key areas: addressing the US’s reported 24.8 billion USD trade deficit with Malaysia, removing non-tariff barriers, strengthening protections for technology and national security, and exploring the possibility of a bilateral trade agreement.

Despite steep US tariffs, Vietnam remains a magnet for foreign investment, particularly in manufacturing and industrial real estate, bolstered by competitive policy incentives, upgraded infrastructure, and its pivotal role in global supply chain diversification from China.

The upcoming ‘upgrade’ to the ASEAN-China Free Trade Area (ACFTA) 3.0 – set to be signed in October 2025 – is expected to be a ‘game changer’ for businesses wishing to enter the Chinese market as the new pact will focus on the digital, green economies and supply chain cooperation.

Following Britain, China has struck a trade deal with the US, President Donald Trump has announced. Meanwhile, the EU is still pondering its way out of tariff hell, and US officials make clear it is back of the line.

Vietnamese seafood exports may stay at the US$10 billion mark this year in the best-case scenario, provided the US removes reciprocal tariffs on Vietnamese goods after July 9, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The trade war triggered by US tariff policies is expected to persist, causing businesses to adopt a “wait and see” approach, several Thai experts have said.

By translating their Comprehensive Strategic Partnership, established last year, into concrete initiatives, Vietnam and Malaysia could drive regional growth, reinforce ASEAN centrality, and advance shared peace and prosperity.

Big Take podcast explores the implications of a potential trade deal for US-China relations and the impact on each nation's global roles and economic dynamics moving forward.

U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences.