At the signing ceremony, Deputy Minister Phan Thi Thang affirmed that the MoU not only represents a milestone in the cooperation between the two sides but also demonstrates the ministry’s commitment to protecting consumer interests in an increasingly interconnected global marketplace.

Strict regulations in key export destinations require businesses to meet international standards, while the country's reliance on raw material exports limits value-added opportunities.

Standard Chartered Bank forecasts GDP growth of 6.7 per cent for 2025. However, the bank predicts that the first half of the year will experience a stronger growth rate of 7.5 per cent.

The Regional Comprehensive Economic Partnership (RCEP) has emerged as an important anchor for global free trade, injecting momentum into the world economy amid rising protectionism and geopolitical uncertainties, according to sources from the Boao Forum for Asia (BFA) conference.

Hessen is readiness to support Vietnam in developing international finance centres and share its experience in financial market management, Minister-President of the German State Boris Rhein has affirmed.

Amidst rising protectionism and retaliatory trade measures around the world, the future of multilateralism appears uncertain, if not troubled.

Vietnam’s seafood industry faces potential export bans to the U.S. due to the United States’ Marine Mammal Protection Act (MMPA), requiring urgent changes in fishing practices and negotiations to avoid severe economic impact.

For a symbol of the chaos engulfing world trade since the Trump administration walked into the White House, look no further than a pile of 16,000 metric tonnes of steel pipes. Stevedores in Germany should be preparing to load the first batch on a container ship bound for a massive energy project in Louisiana. Instead, the cargo is sitting in a German warehouse after Washington proposed putting million-dollar levies on Chinese ships docking in the US.

Chinese Premier Li Qiang said the country is prepared for “shocks that exceed expectations” as the world braces for US President Donald Trump to announce more tariffs on its trading partners next month.

According to trade experts, Vietnam is ranked as the world's 20th largest exporter in the world and among the world's top exporters of various products such as rice, coffee, cashews, and garment-textiles