The minister called on the USABC and the US business community continue to support Vietnam in the process of negotiating a reciprocal trade agreement with the US, and coordinate to promote the investment and business potential and opportunities in Vietnam to US partners.

FTA exploitation should not be limited to export promotion but instead focus on developing an industrial strategy that leverages the strengths and complementarities of FTA partners.

The World Bank on Tuesday agreed with President Trump’s complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.

President Donald Trump has implemented tariff policies that have raised the average U.S. tariff rate to its highest point in a century.

In response to changes in US tariff policy and global trade instabilities, Vietnamese businesses are making every effort to expand into new markets, bolster exports and stay resilient in the face of global economic fluctuations.

President Donald Trump’s heftiest tariffs cleared a court hurdle for now, after a federal appeals court ruled Tuesday that they could take effect while legal challenges play out. But the appeals court put the tariff cases on a fast track for a resolution this summer.

With key agricultural products such as lychee, durian, mango, longan and dragon fruit entering the peak harvest season, Vietnamese authorities are stepping up efforts to streamline customs clearance at border gates to prevent congestion and market oversupply.

With export turnover reaching US$389 million (a 103 per cent increase) in the first four months of 2025, China and Hong Kong have become the largest shrimp markets for Vietnam.

As technical barriers become increasingly strict, proactive adaptation from growing areas to processing, logistics, are a vital condition for Vietnamese agricultural products to firmly stand out on the global playing field.

Pharma companies involved in Vietnam are making more strategic moves to ease potential impacts in the face of US tariff threats.