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For the first half of 2025, the IIP rose by 9.2% compared to the same period last year, marking the highest growth rate since 2020, the office reported.

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To compete globally beyond cheap assembly, Vietnam must embrace transparent origins and smart localization, fostering an ecosystem for creative products that carry a unique national identity and value, according to Huynh Thanh Dien.

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President Donald Trump said Tuesday there would be “no extensions” granted to the new Aug. 1 deadline he set Monday for U.S. trading partners to negotiate new deals or face significantly higher tariffs on goods imported from their countries.

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Donald Trump has said he will sign an order this week to slap a 50 percent tariff on copper imports.

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U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tariff on imports from BRICS countries, drawing another complaint from Brazil President Luiz Inacio Lula da Silva, who just hosted the bloc's annual summit.

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After nearly a year of investigation, Vietnam has decided to officially impose anti-dumping duties on imports of hot-rolled steel from China to protect domestic production against mounting pressure from cheap imports.

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MITI said the decision to impose the duties, in the form of a bank guarantee and ranging from 3.86 to 57.90%, was made after preliminary investigations found sufficient evidence that these imports were brought into Malaysia at dumped prices.

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Prime Minister Narendra Modi's talks with Malaysian Prime Minister Anwar bin Ibrahim at the BRICS summit highlighted the review of the ASEAN-India Free Trade Agreement (FTA).

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On July 2, 2025, the United States and Vietnam reached an important trade agreement that brings significant changes to their economic relationship.

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U.S. President Donald Trump on Monday ramped up his trade war telling 14 nations, from powerhouse suppliers such as Japan and South Korea to minor trade players, that they now face sharply higher tariffs from a new deadline of August 1.

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