According to analysts of the VCB Securities Company, the outstanding export loans to the enterprises only account for five per cent of the total outstanding loans of the whole banking system,
Việt Nam is the world''s third-largest textile and garment exporter, with an export value reaching US$44 billion in 2024, while India is a leading supplier of raw materials, particularly cotton and cotton yarn.
Being cautious and proactive at this time will help Việt Nam protect its exports to the EU and preserve the international reputation of Vietnamese goods amid an increasingly volatile global trade landscape.
The deals, secured with leading US financial institutions, are set to fuel Vietjet’s ambitious fleet development plan, which includes the delivery of nearly 300 aircraft between 2025 and 2027.
Hiền explained that rules of origin are a set of criteria used to determine the country where a product is manufactured (i.e. country of origin). These rules are especially important for goods produced using inputs from multiple countries, and require...
The Vietnamese delegation is leveraging this platform to seek new export opportunities amid global economic uncertainties, particularly as the US''s new tariff policies pose challenges for exporters.
Việt Nam has responded to the new tariffs by consulting businesses, cutting some import duties, easing technical barriers, curbing origin fraud and boosting imports.
Over the longer term, Việt Nam must consider diversifying export markets, especially those with free trade agreements already in place. Markets in East Asia and the European Union offer viable alternatives based on demand and trade volume.
The flight brought together representatives of Việt Nam’s business community across a wide range of sectors, including finance and banking, aviation, energy, technology, and import-export.
While AmCham acknowledges the need to address the growing trade deficit between the two nations, it strongly urges the US administration to consider implementing a grace period.
US President Donald Trump has announced a 46 per cent reciprocal tariff on 90 per cent of total goods imported from Việt Nam, the second highest among all exporting countries to the US.
The country’s proactive approach to economic diversification, green transition, and digital transformation ensures that it remains a competitive destination for global investors.
"Going forward, Việt Nam stands ready to continue its discussions and exchanges with the US on this issue in the spirit of constructive and cooperative spirit to exchange information and enhance understanding"