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Viet Nam’s parliament moved to ban exports of raw rare earth materials as part of an overhaul of the geology and minerals law, which sets out a legal framework for an industry that has struggled to capitalise on the nation’s significant deposits.

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If the right timing and strategy are employed, Vietnamese shrimp, especially lobster and tiger shrimp, can expand their market share in the vast and promising Chinese market.

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Businesses must develop market plans, forecast orders, and prepare response scenarios meticulously, in order to maintain growth momentum in 2026 amidst many fluctuations, according to Deputy Director of the Ministry of Industry and Trade’s Agency of Foreign Trade Tran Thanh Hai.

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Despite volatility in global trade, aquatic exports have maintained solid growth, laying the foundation for the sector to reach US$11 billion this year and expand its presence in demanding markets.

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Viet Nam shipped over 9.2 million tonnes of iron and steel worth nearly US$6.1 billion over the past 11 months of the year, representing a 26.1% decrease in volume and a 28.9% drop in value compared to the same period last year.

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The Viet Nam Association of Seafood Exporters and Producers (VASEP) has warned that the country’s shrimp industry is under growing pressure as the US imposes a preliminary anti-dumping duty of up to 35.29%, alongside a series of new tariff barriers.

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Viet Nam’s passion fruit exports have grown rapidly, climbing from US$20 million in 2015 to more than US$222 million in 2023, and reaching US$202 million during the past ten months of 2025.

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After more than six years of implementation, the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) has helped many Vietnamese industries increase exports to member countries' markets.

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By exploring new markets, diversifying products and prioritising sustainability standards, Vietnamese aquatic products have laid the groundwork for long-term expansion including early steps to build investment partnerships in emerging markets such as Algeria and Cuba.

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U.S. President Donald Trump said Monday he may impose “very severe tariffs” on fertilizer from Canada “if we have to” in order to bolster domestic production.

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