Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said.

Vietnam's seafood industry is on a roll, with export momentum propelling it toward the 10 billion USD target for 2024, laying robust groundwork for 2025.

That was one of the topics of interest at the press conference of the Vietnam Textile and Apparel Association (VITAS) held on November 19.

Themed 'Green Export Promotion', the Việt Nam Export Promotion Forum 2024, organised by the Ministry of Industry and Trade, with the support of the Swiss government, aims to support Vietnamese enterprises in the transition of growth model towards sustainability, carbon reduction and improving competitiveness.

Vietnam's fruit and vegetable exports are projected to reach 6.6 billion USD by the end of November, fulfilling the annual target of 6-6.6 billion USD, one month ahead of schedule.

Vietnam's rubber sector in general, and processing and export enterprises in particular have taken actions to comply with the EU’s Deforestation Regulation (EUDR) in order to avoid any impact on rubber exports to the EU market.

On December 4, 2024, the Ministry of Finance (Department of Revenue) issued notification regarding the imposition of provisional anti-dumping duties on imports of “Textured Tempered Coated and Uncoated Glass.” These goods, classified under specific tariff headings, are primarily originating from or exported by China and Vietnam.

According to the World Trade Organisation (WTO), Việt Nam has advanced significantly in import-export rankings and now stands second in ASEAN, trailing only Singapore.

Vietnamese businesses must update and meet China's increasingly stringent food safety requirements.

The General Department of Vietnam Customs has issued new directives to enhance the management of imported goods transacted through e-commerce platforms, addressing ambiguities and ensuring consistent enforcement across provincial and municipal customs departments.