The National Economic and Development Authority (Neda) Board greenlit the issuance of an executive order that would fulfill the Philippines’ commitments under its free trade agreement (FTA) with South Korea, putting the implementation of the deal on track despite the ongoing political turmoil in Seoul.

Vietnam’s 2024 export revenue for agricultural, forestry, and fishery products is expected to surpass 60 billion USD, exceeding targets and setting an all-time high, according to the Ministry of Agriculture and Rural Development.

With an upbeat export growth projection of about 5% this year, Thailand's Ministry of Commerce and its private sector are optimistic for a further 2-3% growth in 2025, bringing total export value to about 305 billion USD.

Incoming US president Donald Trump threatened to impose reciprocal tariffs on India as he reiterated his longstanding

The import market share from developing countries has increased to 24%, equivalent to 215,000 tons, creating opportunities for countries like Vietnam.

Việt Nam now ranks third among countries, with the largest trade surplus with the US, after only China and Mexico. Strong export growth to the US is recorded through items such as wooden furniture, machinery, optical equipment, medical measurement, office machines, printers, hand tools and hydraulic pneumatics, footwear, rubber and rubber products besides plastics and plastic products, iron and steel.

Green growth and sustainable development continue to be a prominent trend in the garment industry in 2025. This is a pressure but also brings opportunities for businesses.

According to the Vietnam Tea Association, Vietnam is currently the fifth largest tea producer and exporter in the world. However, Vietnam’s average tea export price is only 65% of the leading tea-exporting countries’ average price and 55% of that of India and Sri Lanka. Therefore, improving product quality to create a new export identity is a challenge for Vietnam’s tea industry.

Việt Nam is the 13th largest tuna product supplier to the UK, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

E-commerce stands out as a promising channel to further enhance Việt Nam’s trade presence in this dynamic market. The United Kingdom (UK) is rapidly emerging as an attractive export destination for Vietnamese goods, fuelled by the Việt Nam – UK Free Trade Agreement (UKVFTA).