Statistics show that the industry spends nearly US$10 billion annually on imported parts, while export products remain weak and fragmented.

To maximize the benefits of the European Union-Vietnam Free Trade Agreement (EVFTA), Vietnamese enterprises must adopt strategies for digital and green transformation.

Malaysia has agreed in principle to exempt some Palestinian agricultural and food products from customs duties, the Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

The sector has also become increasingly attractive to investors, with major projects like Cai Mep – Thi Vai, Lien Chieu, Lach Huyen, and other regions grabbing strong interest from both domestic and foreign investors, underscoring the seaport system's appeal.

Amid global uncertainties, Vietnam is holding firm to its goal of diversifying export markets, products and import sources, which is seen as the key to sustaining long-term growth.

This is the second time VITAS has taken part in the prestigious fair, which only admits businesses meeting strict international standards.

The United States is officially starting the process of reviewing the Canada-U.S.-Mexico Agreement as President Donald Trump continues to shake up continental trade with his tariff agenda.

Chinese and US trade teams held a new round of talks in Madrid, Spain, on Sunday and Monday, following discussions earlier in Switzerland, Britain and Sweden.

The UK has shelved its talks with the US aimed at eliminating tariffs on British steel, in a recognition that giving Donald Trump the honor of a rare second state visit wouldn’t be enough to shake the American president off a key trade stance.

The Southern Common Market (Argentina, Brazil, Paraguay, and Uruguay) and the EFTA states (Iceland, Liechtenstein, Norway, and Switzerland) signed a Free Trade Agreement (FTA) on Tuesday in Rio de Janeiro, Brazil, creating a zone of nearly 300 million people with a combined GDP of over US$4.3 trillion.