28.9 C
Ho Chi Minh City
Tuesday, July 1, 2025

spot_img

TAG

exports

More trade barriers

In 2025, due to significant shifts in the global economic and political landscapes, trade defense measures are expected to continue rising, with increasing complexity and larger-scale cases. As a key player in the global supply chain, Vietnam’s export goods are unlikely to escape the “storm” of trade defense measures, particularly from the U.S. market. Cases double, unprecedented investigations Countries often say they are facilitating trade, but in reality, they are setting up trade barriers, including anti-dumping duties, countervailing duties, and other technical restrictions, to protect domestic production. With Vietnam’s total export revenue in 2024 estimated at US$405.53 billion, a 14.3% increase from the previous year, the country has become an increasingly important part of global supply chains. At the same time, it faces growing global trade protectionism, with many nations strengthening their trade defense measures. According to the Trade Remedies Authority under the Ministry of Industry and Trade, last year saw exporters in Vietnam facing 32 new trade defense cases initiated by 12 foreign markets. This figure nearly doubled compared to 2023, which saw 15 cases. The U.S. took the lead, with 11 cases launched, approximately one-third of all cases in 2024. Notably, South Africa initiated its first-ever trade investigation […]
To read more, please click here.

Tariffs not aimed at Vietnam, trade ties remain strong – U.S. ambassador

HCMC – Recent U.S. trade policy adjustments do not target Vietnam, U.S. Ambassador to Vietnam Marc E. Knapper said during a meeting with Vietnam’s...

Infrastructure, exports to drive Vietnam’s growth in 2025 – report

HCMC – Vietnam’s economy is projected to grow 7.2% in 2025, fueled by government-led infrastructure investments, exports, and domestic consumption, according to a macroeconomic...

Exports to Philippines surge to new high in 2024

HCMC – Vietnam’s exports to the Philippines surpassed US$6 billion for the first time in 2024, driving bilateral trade to US$8.66 billion, according to...

Vietnam’s wood exports reach US$16.25 billion in 2024

HCMC – Vietnam’s wood and wood product exports reached a record US$16.25 billion in 2024, a 20.3% increase over the previous year, showed data...

Coconut supply falls short as exports surge

CAN THO – Vietnam’s coconut exports have surged following China’s approval of official trade for the produce, leading to a raw material shortage for...

Tapping into niche markets

Vietnamese exporters are finding growth opportunities in niche and underexplored markets, diversifying beyond traditional strongholds like the U.S., the EU, and Japan. By expanding...

Vietnam’s wood exports near year-end target

HCMC - Vietnam’s wood exports reached an estimated US$14.6 billion between January and November, edging closer to the target of US$15.2 billion for this...

Latest news

spot_img