This situation requires close and synchronized coordination among ministries, industry associations, the business community, and especially Vietnam's network of trade offices abroad.

This grassroots synergy — powered by digital platforms, complementary industries and cultural affinity — has fueled a robust partnership between the two countries.

Vietnam’s handicrafts have emerged among the country’s top ten high-value export products with presence in 163 countries and territories, heard a trade forum in Hanoi.

The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland.

Seafood producers and exporters in Việt Nam are being urged to overhaul their approach to the domestic market, moving away from viewing it as merely a fallback for surplus exports and instead embracing it as a fundamental pillar of long-term business strategy.

The trade deal reached last month between the US and Japan was “win-win” for both countries, but implementing the terms of the pact may be a bigger challenge than reaching the deal, Japanese Prime Minister Shigeru Ishiba said.

When he began his trade war, President Donald Trump said his goal was to bring American jobs and manufacturing back to the US, reduce trade deficits and create a more level playing field for American companies competing globally.

Since the establishment of diplomatic ties, the relations between the two countries have made strides, particularly in trade and investment.

On July 31, 2025, the White House released a new Executive Order signed by President Trump, further modifying reciprocal tariff rates on imports from many countries.

President Donald Trump just set new tariffs for every country around the world, solidifying his extreme break with America’s long-standing trade policy.