The Vietnamese garment and textile industry has been accelerating market expansion, transforming production models and renewing technologies, in an effort to secure high growth in 2025 following its sound performance in 2024, according to insiders.

EFTA comprises four member countries – Switzerland, Norway, Iceland and Liechtenstein

In 2024, significant developments in US politics included an assassination attempt on US President-elect Donald Trump, the failure of US President Joe Biden's campaign and the US Supreme Court ruling exempting presidents' official actions from prosecution. As Trump's presence grows in 2025, the action on US–China relations will intensify, as the possibility of a second trade war looms, the outcome of which will depend not only on the dynamics among Trump's key advisers but how China responds.

Deputy Prime Minister and Foreign Minister Bui Thanh Son expressed Vietnam’s desires to foster the strategic partnerships with Singapore and Malaysia, during his separate meetings with the Foreign Ministers of Malaysia and Singapore on the sidelines of the ASEAN Foreign Ministers’ Retreat i

In a talk with the Vietnam Economic News’ Hoa Quynh on the threshold of the Lunar New Year 2025, Argentine Ambassador to Vietnam Marcos Antonio Bednarski expressed the desire for bilateral trade between Vietnam and Argentina to grow further in the coming period.

Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.

The past six years of implementation has seen the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) recognised as one of the agreements delivering significant benefits for Vietnamese exports to many lucrative markets.

Vietnam has cemented its position as an attractive destination for foreign businesses looking to expand their operations in Southeast Asia, driven by robust growth and expanding infrastructure.

2024 was the sixth consecutive year that Việt Nam recorded growth in rice exports, however this growth is forecast to be difficult to maintain this year.

The decline in natural whitefish supply in EU markets is driving prices higher, opening opportunities for certain Vietnamese seafood products.