This is a critical time to intensify efforts against origin fraud and illegal transshipment, as some foreign exporters have taken advantage of Việt Nam as a transshipment point to reroute goods and avoid trade remedies in third countries.
The seminar titled ‘US Countervailing Tariffs and Việt Nam’s Corporate Response’, organised by the Việt Nam Chamber of Commerce and Industry (VCCI) on the morning of April 18, attracted significant attention and participation from economic experts and the business community.
In the first quarter of 2025, bilateral trade between Việt Nam and China reached US$51.2 billion, up 17.5 per cent year-on-year, with expectations for continued growth throughout the year.
During the session, both ministers expressed satisfaction with the progress made over the past year, particularly since the 13th meeting, and acknowledged that bilateral trade in 2024 reached approximately US$81.5 billion, up 7.3 per cent compared to 2023.
The team has three main responsibilities: leading the development of negotiation scenarios and plans with the United States, conducting negotiations to reach a stable and mutually beneficial bilateral trade agreement, and reporting to the Prime Minister on the process and...
Việt Nam''s robust performance, representing an additional US$12 billion by March 15 compared to the same period last year, underscores trade''s resilience amid global economic uncertainties.
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.
Việt Nam and Russia are positioned to take advantage of growing opportunities for economic and trade cooperation, as highlighted by the Việt Nam Trade Office in Russia.
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.
Dr Trương Minh Huy Vũ, Director of the HCM City Institute for Development Studies, emphasised the need to diversify export markets, strengthen international cooperation, and maximise the advantages of existing free trade agreements (FTAs).
Under the strategic planning component, the French side will assist CAAV in developing a roadmap to manage the projected growth of Việt Nam’s aviation sector in the coming years.
