As tensions between the US and countries like China, Canada and Mexico escalate with tariff retaliations, Vietnam is poised to benefit from the shifting global supply chain, experts say.

VOV.VN - US Ambassador to Vietnam Marc E. Knapper has affirmed that recent tariff measures were not aimed at Vietnam, adding that the US remains committed to maintaining and ramping up bilateral economic and trade cooperation with the country.

As the US considers new global tariffs, Vietnam’s booming electronics industry faces both growth opportunities and risks, particularly in the semiconductor supply chain.

The Ministry of Industry and Trade has announced import tariff quotas for salt and poultry eggs for 2025, aiming to meet domestic production and consumption needs.

VOV.VN - Textile and wood product exporters in Ho Chi Minh City are actively preparing for the potential increase in US import tariffs, particularly on goods originating from China. This poses both opportunities and challenges for Vietnamese enterprises, as many rely on raw materials imported from China.

The Philippines has initiated a preliminary safeguard measures investigation on the importation of cement from various countries, including Vietnam, according to the Vietnam Trade Office in the Philippines.

With Chinese brands rapidly expanding in the Vietnamese market, experts are calling for protective policies to safeguard local manufacturers and ensure the country’s long-term industrial growth.

VOV.VN - As per Decision No 2226, the allocation of import tariff quotas for sugar (HS code 17.01) this year, totaling 126,000 tonnes, will be conducted through auctions carried out in September.

VOV.VN - Two-way trade turnover between Vietnam and China fetched US$112.2 billion in the past seven months, up 25% year on year, and if the steady growth is maintained in the coming months, the total trade value is likely to hit US$200 billion by the end of the year, say industry insiders.

VOV.VN - China is continuing to increase its investment into Vietnam as it strives to get the lion’s share of the dynamically developing economy.