The Thai commerce minister plans to visit the US early next month for negotiations focused on preventing potential tariff hikes on Thai exports, following a recent meeting with the American Chamber of Commerce in Thailand (Amcham).

The value of Vietnamese tuna exports to Italy, after reaching a peak of nearly US$6 million in June 2024, has stagnated and continuously declined over the last five months of the year.

Presidents Joe Biden and Xi Jinping managed to keep US-China tensions contained in 2024, but when Donald Trump strides back into the White House later this month, he will break this fragile stability, driving an unmanaged decoupling of the world’s most important geopolitical relationship and increasing the risk of global economic disruption and crisis.

Vietnam continued solidifying its position as the Republic of Korea (RoK)’s third-largest trading partner in 2024, trailing only China and the US, marking the third consecutive year of the significant trade relationship.

Vietnam’s exports hit a new record of US$405.53 billion in 2024, up 14.3 percent year on year, according to the General Statistics Office (GSO).

In December 2024, Việt Nam exported 15,265 tonnes of pepper of all types, including 12,771 tonnes of black pepper and 2,494 tonnes of white pepper, generating a total turnover of $100.6 million.

Leading global technology corporations are making strategic moves to shift supply chains, establish research centres, and expand investments in Vietnam, presenting a tremendous opportunity for the country to strengthen its semiconductor industry by adopting the strategy of "standing on the shoulders of giants."

In the early months of 2025, Vietnamese agricultural exports, particularly fruit and vegetables, continue to show positive signs. However, many experts said that in the face of changes in the global market situation, local businesses must keep pace with the constant changes in the market.

The project to build a comprehensive database of domestic industries aims to enhance the capacity and efficiency of trade remedy investigations. It also serves as a strategic tool to protect domestic production.

Vietnam has ended a previous policy that exempted imported goods valued under VND 1 million (US$39.3) from taxes when shipped via express delivery.