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As Washington’s sweeping new reciprocal tariffs take effect, businesses across Asia are bracing for impact.

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When we think of ‘trade’, images of ships, containers and customs checks might spring to mind. But in today’s economy, a big chunk of trade doesn’t even pass through a physical border because it happens online.

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Not only rising and maintaining the world's number 2 position in rice exports, many other agricultural and aquatic products of Vietnam also won big when export turnover increased sharply, agricultural product prices were high, farmers and businesses both benefited.

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US Donald Trump’s trade war with China would likely see global businesses reshore back to the Asian giant even as Washington and Beijing have extended a tariff truce for another 90 days, an analyst said on Tuesday (August 12).

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Vietnam launches strict food safety rules for fresh durian exports, aiming to meet global standards while creating openings for Thai service providers and exporters.

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The Ministry of Industry and Trade is drafting a scheme on diversifying imported raw material sources for domestic production, with feedback from industry associations and businesses being incorporated into concrete proposals and support policies.

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In the 2014-2024 period, two-way trade turnover more than tripled, soaring from $3.3 billion to $10.1 billion, with an average annual growth rate of nearly 12%.

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Vietnam will continue reciprocal trade negotiations with the United States to secure the most favourable commitments for Vietnam, aiming toward a comprehensive trade agreement.

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A former Harvard dean unpacks what the new US tariffs mean for Vietnam's global trade future.

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From now until late 2025, and possibly into the first half of 2026, some Vietnamese exports to the U.S may struggle to sustain the rapid growth seen in the first six months of this year.

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