The US-European tariff conflict is jeopardising transatlantic business worth US$9.5 trillion annually, the American Chamber of Commerce to the EU warned on Monday.

According to the General Statistics Office, Vietnam's total import-export turnover reached 786.29 billion USD in 2024, an increase of 15.4% compared to 2023. Of which, exports grew by 14.3%, while imports increased by 16.7%, with a trade surplus of 24.77 billion USD.

Vietnam and the UK discuss economic cooperation, with a focus on trade, investment, and financial center development, as Deputy PM Nguyen Hoa Binh seeks British expertise in legal reforms, offshore wind power and green finance.

Vietnam’s pangasius industry is poised for continued growth despite increasing competition from other countries, according to experts from the Vietnam Association of Seafood Exporters and Producers (VASEP).

In the first two months of 2025, the average export price of Vietnamese pepper reached US$6,763 per tonne, marking a year-on-year increase of 68 percent.

Việt Nam’s trade volume is forecast to grow at a compound annual rate of 6.5 per cent from 2024 to 2029, up from 6.2 per cent in the 2019-2024 period.

Prime Minister Phạm Minh Chính said Việt Nam always considers the US a partner of top significance, especially in economy, trade and investment, highlighting vast untapped potential for US firms in Việt Nam.

This year, Germany and Vietnam will celebrate 50 years of diplomatic relations - a testament to a partnership that has grown from early trade ties into a deep and dynamic collaboration.

After nearly five years of implementation, the Vietnam-EU Free Trade Agreement (EVFTA) has played a crucial role in Vietnam’s international economic integration, contributing to the expansion of export markets, attracting investment, and driving institutional reforms. Before EVFTA, bilateral trade between Vietnam and the EU was around 49 billion USD, but it has now increased to nearly 70 billion USD—a significant growth.

China stands to gain from the ongoing trade wars between the US and its allies, the European Union’s foreign policy chief Kaja Kallas said in an interview with Bloomberg Television.