The industry’s trade surplus is estimated at $21 billion, reaffirming the sector’s position as a key pillar of Việt Nam’s trade balance.

Viet Nam’s cashew industry is experiencing strong export growth, but rising costs for imported raw cashews are putting pressure on profit margins.

India and the United States are holding virtual trade talks and a deal is expected to be locked before year end, Commerce Secretary, Rajesh Agarwal, Commerce Secretary, said on Friday.

The European Union Deforestation Regulation (EUDR) will take effect from December 30, 2025 for large enterprises and from June 30, 2026 for small enterprises.

Businesses will have to be ready to meet ESG standards, the EU’s Deforestation Regulation (EUDR), the Carbon Border Adjustment Mechanism (CBA) and the domestic carbon market expected to pilot in 2026, they emphasised.

The US's 50% metal tariffs and China's tightening of raw material exports are forcing the EU to accelerate trade deals, reduce risks and protect strategic supply chains.

India is considering extending an import tariff, locally known as a safeguard duty, on some steel products to counter cheaper imports primarily from China, according to a source with direct knowledge of the matter.

The US has removed the 15% tax on cocoa and agricultural products from Ghana, helping the country earn an additional 60 million USD/year.

China has extended its investigation into beef imports by another two months, giving global suppliers a longer temporary reprieve from potential trade restrictions as the domestic industry battles a supply glut.

Since Viet Nam and the US established diplomatic relations in 1995, shared strategic and economic interests have propelled both countries to expand their cooperation across numerous issues.