India's new policies present a significant opportunity for Vietnamese businesses to invest, cooperate, and expand operations in this market.

Regarding U.S. President Donald Trump’s recent 25-percent tariff on all steel and aluminum imports into the United States, Nguyen Manh Quyen, head of the Vietnam Trade Office’s branch in Houston, Texas, recommended Vietnamese businesses to wait for clear guidance before making any decisions.

The textile and garment industry, one of the export pillars of the economy, is facing urgent requirements in the transition period to a green and clean industry with high added value. To take advantage of opportunities and overcome challenges, it is necessary to have appropriate planning and policies to continue to move up in the global value chain.

The European Union said it would respond with "firm and proportionate countermeasures" after US President Donald Trump's decision to impose tariffs on all steel and aluminium imports, escalating fears of a trade war.

As Canada braces for 25 per cent U.S. tariffs on steel and aluminum, U.S. President Donald Trump says he is considering an additional tariff on Canadian-made cars, which could be as high as 50 to 100 per cent.

Amidst the complicated developments in the global market, the MoIT has directed foreign market departments and Vietnam’s trade offices abroad to closely monitor market trends, as well as economic, political, and policy changes in the region and the world that could impact trade with Vietnam.

Vietnam's steel and aluminum products are renowned for their competitive prices and high quality, offering significant value to the US economy by helping curb inflation and fostering stronger bilateral trade ties, a point echoed by many importing nations.

The risk of a US-led trade war expanding globally raises concerns for Vietnam's exports and its ability to benefit from FTAs. Experts warn that Vietnam must closely monitor developments and proactively adapt to potential challenges.

Vietnam shipped 774.3 million USD worth of aquatic products abroad in January, a year-on-year increase of 3.3%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Compared to the same period in 2024, exports in the first half of January 2025 increased by more than 6%, equivalent to nearly USS$1 billion.