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Vietnam's rubber sector in general, and processing and export enterprises in particular have taken actions to comply with the EU’s Deforestation Regulation (EUDR) in order to avoid any impact on rubber exports to the EU market.

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On December 4, 2024, the Ministry of Finance (Department of Revenue) issued notification regarding the imposition of provisional anti-dumping duties on imports of “Textured Tempered Coated and Uncoated Glass.” These goods, classified under specific tariff headings, are primarily originating from or exported by China and Vietnam.

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According to the World Trade Organisation (WTO), Việt Nam has advanced significantly in import-export rankings and now stands second in ASEAN, trailing only Singapore.

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Vietnamese businesses must update and meet China's increasingly stringent food safety requirements.

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The General Department of Vietnam Customs has issued new directives to enhance the management of imported goods transacted through e-commerce platforms, addressing ambiguities and ensuring consistent enforcement across provincial and municipal customs departments.

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A forum was held in the northern border province of Lang Son on December 3 to seek ways to enhance the agro-forestry-fisheries trade between Vietnam and its neighbour China

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India has pitched for fast-tracking negotiations in the WTO on special safeguard mechanism (SSM), which would allow developing countries to temporarily raise tariffs on agricultural imports in response to import surges or price drops, an official said. The country flagged the issues during a meeting of a committee on agriculture issues in Geneva on December 4.

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Jaishankar said the Modi government has been “very cautious” on FTAs because of the experiences and results of past trade deals

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The Philippines and Canada will begin exploratory talks for a Free Trade Agreement (FTA) starting January next year. This is according to Canadian Minister for Export Promotion, International Trade and Economic Development, Mary Ng.

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A more aggressive version of “America First” is predicted when Donald Trump takes office as the 47th President of the United States. According to Associate Professor Dr. Pham Thi Thu Tra, Head of the Economics and Finance Department, RMIT University Vietnam, Vietnam needs to raise its position in the global value chain to seize opportunities if it does not want to become a new “assembly factory” of the world.

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