Solar cell and panel imports to the US from Việt Nam will face countervailing duties of up to 542.6 per cent.

The US set new duties as high as 3,521% on solar imports from four Southeast Asian countries, delivering a win for domestic manufacturers while intensifying headwinds already threatening the country’s renewable power development.

The agreement is seen to enhance business opportunities across a free trade area of over 703 million people, with a combined gross domestic product of more than US$5.6 trillion (S$7.3 trillion).

Prime Minister Pham Minh Chinh chaired a government meeting to prepare for negotiations on a balanced, stable, and sustainable trade partnership with the US on April 22.

Total export turnover of agricultural, forestry and fishery products in Q1 reached US$15.7 billion, up 13.1 per cent year-on-year.

In recent days, the prices of fresh coconuts and raw coconuts in the country have been on an upward trend. Fresh coconut prices increased by about 110-120%, while raw coconut prices increased by 150% compared to the same period last year. The strong fluctuations in coconut prices at the present time are considered the highest ever.

Brazil is quickly becoming a key market for Vietnamese seafood products, presenting strong opportunities for growth, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Chinese Foreign Minister Wang Yi on Tuesday urged Britain and the European Union to safeguard multilateral trading systems, as Beijing seeks to rally support from trading partners to counter US tariff measures.

Durian prices in the Mekong Delta provinces are falling sharply, in some areas to just a third of the levels seen during the same period last year, as China tightens quality control procedures and delays customs clearance.

As a trade gateway and strategic partner, Chile plays a vital role in helping Vietnamese businesses get greater access to South America’s 430-million-strong market.