Tag: tariff pressures
Garment exports set to bring back US$46 bln, maintain global top 3 position
VOV.VN - Vietnam’s textile and garment exports are estimated to reach US$46 billion in 2025, up 5.6% year on year, helping the country maintain its position among the world’s top three textile and garment exporters, according to the Vietnam Textile and Apparel Association (VITAS).
Wood industry seeks solutions under US tariff pressure
VOV.VN - US President Donald Trump has signed an order imposing tariffs of 10%-50% on a range of wood and furniture products, piling pressure on Vietnam’s exports.
Vietnam’s wood sector navigates tariff pressures with market diversification
The US’s decision to impose high tariffs on a range of Vietnamese exports, including wood products and furniture, is pushing the country’s timber industry to swiftly recalibrate its strategies to sustain growth.
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