President Donald Trump said Monday that he will impose tariffs of 25% on any nation that buys oil from Venezuela.

The annual revenue of the industry in Vietnam expected to exceed $25 billion, with an annual value-added growth rate of 10-15% in the 2024-2030 period.

The rapid growth of e-commerce is a key factor enabling food and agricultural enterprises in Ho Chi Minh City and across Vietnam to expand their export markets and integrate more deeply into the global supply chain. To fully capitalise on this opportunity, businesses need support from relevant agencies while improving product quality to meet market demands.

Vietnamese exporters are seizing opportunities to build their brands and promote products in the high-potential Middle East - Africa market.

Vietnam’s rice export prices have increased for the second consecutive week after a period of sharp decline, and experts predict that rice exports will improve in the second quarter of the year.

The bilateral relationship between Singapore and Vietnam is at a high point, with economic cooperation stronger than ever, Prime Minister Lawrence Wong said at the start of his visit to Vietnam on March 25.

President Donald Trump’s new reciprocal tariff policy will match US tariffs to those faced by American exporters abroad, examining each trading relationship comprehensively. While Southeast Asian differentials appear small, implementation challenges and rising non-tariff barriers complicate the picture. Countries may reduce barriers to avoid retaliation or risk escalation into full trade wars, with higher transaction costs likely regardless of the outcome.

US President Donald Trump said he plans to limit exceptions to his tariff push, the latest cryptic hint about a planned April 2 announcement of reciprocal duties on global trading partners.

Vietnam’s finance ministry has put forward a proposal to cut preferential import tariffs on a range of products including LNG, cars, wood and agricultural products, as the nation seeks to avoid the imminent threat of US tariffs.

Vietnam will cut its tariffs on several U.S. products including LNG and cars, the head of the Finance Ministry's tax policy department said, as the country tries to avoid being hit with U.S. tariffs because of its large bilateral trade surplus.