The outlook for Việt Nam’s wooden product exports in 2025 remains promising, but businesses need to adopt flexible strategies to cope with trade policy changes in key markets and diversify their export markets and product offerings to mitigate risks and sustain growth, according to industry insiders.

US President Donald Trump said on Tuesday he intends to impose auto tariffs "in the neighbourhood of 25%" and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade.

China has called for a debate at the World Trade Organization on "trade turbulence" and how the global trade watchdog should respond in an apparent reference to tariffs launched or threatened by the United States.

The US will impose tariffs equivalent to those levied on its goods, with potential consequences for Vietnam and other trading partners.

Donald Trump wants to reduce computer chip sales to China, a move that a tech expert says poses more opportunities than threats to Việt Nam.

The Commercial Counsellor and Head of the Việt Nam Trade Office in the US pointed out that US producers have yet to meet domestic steel demand fully, leaving room for Việt Nam's exported steel and aluminium products in the market.

Six Vietnamese enterprises are currently accused of dumping Portland cement and clinker into Chinese Taipei (China) at a margin of 16.42% - 19.73%, while other manufacturers or exporters are up to 23.75%.

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.

India’s top officials said they will continue to cut import taxes as the government looks to work around US President Donald Trump’s plan to impose reciprocal tariffs on trading partners.

The latest round of talks will take place in Kuala Lumpur from February 17 to 20, with discussions covering 11 key sectors, including goods, services, investment and economic cooperation.