VOV.VN - Pressures are building up on Vietnamese exporters seeking to penetrate deeper into the European Union (EU) as the bloc imposes stricter requirements for imported agricultural, aquatic, and industrial products, according to insiders.
The European Union is concerned that Chinese goods, previously destined for the US, could be redirected to the European market due to the reciprocal tariffs, said Nguyen Thi Hoang Thuy, head of the Vietnam Trade Office in Sweden, concurrently in charge of the Nordic market.
The American Chamber of Commerce in Vietnam (AmCham) on April 4 issued a statement outlining the wide-ranging impact of the US’s new tariff policy on Vietnamese exports.
VOV.VN - Vietnam regrets the United States’ decision to impose reciprocal tariffs on Vietnamese exports to its market, Pham Thu Hang, spokesperson for the Vietnamese Ministry of Foreign Affairs has said.
VOV.VN - Vietnamese exporters are seizing opportunities to build their brands and promote products in the high-potential Middle East - Africa market.
VOV.VN - Vietnamese enterprises exported commodities worth US$964 million to Canada in the first two months of the year, down 1.3% compared to the same period last year, according to Vietnam Customs.
A 40% increase in infrastructure investment that the Vietnamese Government is now planning would add approximately 2 percentage points to Vietnam’s 2025 GDP growth - if the Government manages to hit its disbursement targets this year, according to Michael Kokalari, chief economist at VinaCapital.
VOV.VN - Vietnamese goods will continue to hold a competitive advantage over other items from foreign countries when they are exported to the Netherlands thanks to the tax reduction roadmap under the European Union - Vietnam Free Trade Agreement (EVFTA), according to the Vietnam Trade Office in the Netherlands.
VOV.VN - Two-way trade between Vietnam and India reached approximately US$15 billion in 2024, marking an annual increase of 4.5%, the General Department of Vietnam Customs reported.
Vietnamese exporters have proactively diversified their markets from the start of the year to mitigate risks as they may soon face significant tax hikes globally, said industry insiders and experts.