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In an era marked by escalating trade tensions and the imposition of new tariffs by the US, Vietnam and others are indeed the targets for new tariffs imposed by the United States.

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The private sector should be considered the backbone of the country’s development. It is important to create motivation and a favorable environment for entrepreneurs to clearly define their mission of building Vietnamese businesses and brands that can last.

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Industry veterans say they are urgently pressing ahead with plans to diversify production locations to mitigate geopolitical risks

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German businesses in Vietnam have maintained optimism and a long-term commitment to the Vietnamese market despite facing numerous challenges, experts said.

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A major highlight of the visit was a trade promotion forum on Vietnam–Germany agro-forestry-aquatic products, which attracted participation from various trade associations, vocational training institutions, German distribution channels, supermarket chains, and nearly 50 companies specialising in the production, processing, and logistics of agricultural, forestry, and aquatic products.

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The Asia-Pacific Economic Cooperation group adopted a statement on Friday that cited "fundamental challenges" facing the global trading system, but stopped short of discussing a joint response to U.S. tariffs looming large over its meeting.

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Hollywood offers a service, and services are what really drive the U.S. economy. President Trump’s proposed tax could set off a second, and more damaging, trade war.

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While the policy reflects Vietnam’s intent to strengthen trade relations with the US, the real impact on car prices will be modest partly because import tariffs are just one part of the vehicle's cost.

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Facing the risks posed by trade barriers and potential reciprocal tariffs from the US, many businesses have proactively shifted their market strategies, stepped up trade promotion, and diversified their orders to reduce reliance on a single market.

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The adjustments in the U.S. tariffs are poised to reshape Vietnam’s textile, clothing and footwear industry, prompting businesses to reassess their strategies and operations.

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