Vietnamese Deputy Minister of Foreign Affairs Do Hung Viet and Owen Jenkins, Director General for Indo-Pacific, Middle East and North Africa at the Foreign, Commonwealth & Development Office (FCDO) of the UK, co-chaired the 4th ASEAN-UK Senior Officials’ Meeting (AUKSOM) in the central city of Da Nang on April 10.

Exports were valued at 102.8 billion USD in Q1, while imports increased 17% to 99.68 billion USD, signalling rising demand for production inputs.

Vietnam and the United States have agreed to begin negotiations on a bilateral trade agreement, which will also include tariff discussions, a key pillar of the proposed agreement.

In order to draw more FDI, experts underlined the need for Vietnam to take comprehensive measures, including stronger reforms in all fields.

Vietnam’s fisheries sector has achieved several positive outcomes in the early months of the year. Despite facing unpredictable market fluctuations, the industry remains optimistic about new export opportunities thanks to ongoing efforts to innovate production methods towards greener practices, focus on product value, and ensure quality and food safety.

As China halts timber imports from the US, Việt Nam eyes an opportunity to boost its own timber intake for processing and re-export — reinforcing its position as a key player in the global wood furniture market.

Việt Nam and Russia are positioned to take advantage of growing opportunities for economic and trade cooperation, as highlighted by the Việt Nam Trade Office in Russia.

Being cautious and proactive at this time will help Việt Nam protect its exports to the EU and preserve the international reputation of Vietnamese goods amid an increasingly volatile global trade landscape.

Party General Secretary Tô Lâm's phone call on April 4 was President Donald Trump's first phone call with a foreign leader after the announcement of reciprocal tariffs.

US Trade Representative Jamieson Greer said the reciprocal trade agreement should include arrangements on tariffs and proposed that technical-level representatives from both countries start discussions immediately.