The Plant Protection Department has urged local authorities and relevant agencies to strengthen the inspection and monitoring of durian cultivation areas and export packing facilities following a warning from China.

After experiencing a sharp fall in exports in 2023, the Vietnamese wood industry bounced back in 2024 and is currently flying high as a major hard currency earner of the economy, with export earnings projected to be at US$18 billion this year.

The Regional Comprehensive Economic Partnership (RCEP) is the free trade agreement with the largest participating population in the world, as well as the largest economic and trade scale, and the greatest development potential.

The US is Vietnam's leading partner, and any changes in its policies (if any) will have a significant impact on Vietnam's export turnover.

According to the Department of Industry and Trade of Ca Mau, in 2024, the province's shrimp exports will grow beyond plan thanks to market demand and Free Trade Agreements (FTAs).

Vietnam and the UK have identified trade and investment cooperation as an important pillar of their Strategic Partnership and will step up measures to ramp up economic cooperation in the coming time.

Vietnam has established itself as a new giant in the global durian market, with export value reaching 3.3 billion USD in 2024, CNBC has recently reported.

Textile and wood product exporters in Ho Chi Minh City are actively preparing for the potential increase in US import tariffs, particularly on goods originating from China. This poses both opportunities and challenges for Vietnamese enterprises, as many rely on raw materials imported from China.

Deeper trade agreements and domestic reforms are needed to build economic resilience in the Association of Southeast Asian Nations (Asean) and East Asian Pacific regions, especially during extreme change and uncertainty.

Canada is drawing up plans for extensive tariffs against US products if Donald Trump follows through on his threat to put 25% levies on Canadian goods, according to people familiar with the matter.