Việt Nam’s economy remains strong despite potential US tariffs and global trade tensions, supported by steady FDI inflows, policy stability, and adaptability.

The steel industry is expected to benefit from the trend of boosting public investment.

The Association of Southeast Asian Nations (Asean) must develop a parallel strategy by engaging major economies beyond the region, particularly Australia, to enhance production, productivity, and domestic consumption, Malaysia Global Business Forum (MGBF) founding chairman Nordin Abdullah said.

As part of a broader push to strengthen economic integration within Southeast Asia, the ASEAN Business Advisory Council (ASEAN-BAC) has unveiled a series of ambitious initiatives aimed at fostering private sector growth, regional collaboration, and sustainable development.

Vietnam and Indonesia have shown strong determination in enhancing their bilateral economic relations. Bilateral trade has witnessed robust growth, surpassing 16 billion USD in 2024, a sharp rise from 8.07 billion USD in 2020

Hanoi tells trade ministry told to boost rice exports to counter oversupply

US President Donald Trump on Friday railed against what he called tremendously high Canadian tariffs on dairy and lumber, and said his administration could soon impose reciprocal tariffs on Canadian products.

In February 2025, Ukraine was the market with the highest average export price for Vietnamese rice, reaching US$1,019 per tonne, a year-on-year increase of 18.5 percent.

Vietnam has imported an unusually high volume of paddy rice in the first two months of the year, totaling 1.24 million tonnes, according to the Vietnam Food Association (VFA).

The strong growth in export value in the first two months of the year is evidence of the industry's potential, he said, underscoring the need to continue investing in processing technology, expanding markets, and responding flexibly to global fluctuations.