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Along with India, Canada, and China, Vietnam has experienced the fastest average annual export growth from 2019 to 2023.

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The German Business Association (GBA) has had a landmark year in 2024, solidifying its role as a pivotal force in driving economic collaboration between Germany and Vietnam.

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Vietnamese enterprises should be more active to participate in the supply chains of foreign-invested companies to leverage the benefits of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

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The Vietnamese manufacturing sector remained in growth territory in November but overall business conditions improved to a lesser extent than in the previous month as slower rises in output and new orders were recorded, according to the S&P Global.

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Vietnam’s support for president-elect Donald Trump may be tempered by the realities of his ‘America First’ policies, which prioritise US interests and often undermine multilateral agreements. While many Vietnamese view Trump as a leader who can bolster regional stability, his focus on reducing trade imbalances could lead to tariffs and disrupt Vietnam’s exports to the United States. Trump’s transactional foreign policy approach may also challenge Vietnam’s strategic partnership with the United States, particularly in the face of US–China competition.

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As the global supply chain becomes increasingly complex and the predicted “stricter” changes from the Trump administration in early 2025, Vietnamese businesses must make changes to optimize opportunities and operate effectively in the supply chain.

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US Department of Commerce imposes preliminary anti-dumping duties on solar cells and modules from Cambodia, Malaysia, Thailand and Vietnam.

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Cross-border e-commerce is being embraced by more Vietnamese exporters and making up a higher proportion of total revenue.

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An increasing number of Japanese companies operating in China are transferring their production bases to countries in the Association of Southeast Asian Nations (ASEAN). This comes as Chinese economic growth slows and concerns rise over the risks of doing business in China, where foreign residents have been arrested on vague grounds

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Cambodia and Vietnam agreed to promote further development in their banking sectors, especially to boost cooperation on the border payment system integration project.

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