Vietnamese tech companies are expanding their data centres' capacity while international giants are also entering the market, with planned investments worth billions of USD.

Prime Minister Pham Minh Chinh has called for accelerating negotiations on a free trade agreement (FTA) between Vietnam and the Southern Common Market (MERCOSUR).

Data from the General Department of Vietnam Customs show that in 2024, Vietnam imported 876,000 tonnes of meat and meat products worth a total of US$1.78 billion, up 15.2% in volume and 18.1% in value from 2023.

The agricultural sector wrapped up 2024 with 62.4 billion USD in export turnover, marking an 18.5% increase against 2023, while achieving a record trade surplus of 18.6 billion USD, surging 53.1%.

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.