The Ministry of Industry and Trade is stepping up promotion of Vietnamese rice to expand markets, while closely tracking supply–demand trends, prices, and import policies in key destinations.
The geopolitical situation is creating three major layers of risk for Vietnamese firms: energy price volatility, logistics disruptions and exchange rate fluctuations.
Connecting Vietnamese businesses with international distribution networks has long been a key part of government trade promotion programmes, helping firms place goods directly in global retail systems instead of exporting through intermediaries.
Vietnamese enterprises should step up direct investment in the US to reduce tariff risks while gaining access to advanced technology, capital and a strong innovation ecosystem, the Vietnamese Consul General in San Francisco said.
The new entrants are Phạm Thu Hương and Phạm Thúy Hằng, both vice chairwomen of conglomerate Vingroup, and Ngô Chí Dũng, chairman of Vietnam Prosperity Joint Stock Commercial Bank (VPBank).
Authorities said they are stepping up inspections and coordination to ensure stable food supplies and prevent price volatility during the upcoming Tết holiday and spring festival season.
Pakistan has allowed nearly 500 containers of tea of Việt Nam stuck at Karachi Port due to regional tensions to be re-exported, the Ministry of Industry and Trade said on Wednesday.
Việt Nam has experienced steady growth in GSC-related employment since 2008 and hosted the largest number of GSC-related jobs in South-East Asia in 2023, according to ILO.
The US has launched an anti-circumvention probe into steel wheels from Việt Nam over claims they were finished using China-origin hot-rolled steel to evade existing US anti-dumping and countervailing duties.