The ratification of the agreement not only reaffirms its steadfast commitment to a rules-based, fair, and sustainable international trading order but also brings tangible domestic benefits.
Cross-border e-commerce is set to become one of the strategic pillars in Vietnam’s national master plan for e-commerce development during 2026–2030, as the country looks to build a sustainable digital export ecosystem and enhance global competitiveness for its businesses.
As of August 15 this year the country's shrimp exports to China (including Hong Kong) surged by up to 76% over the same period last year, reaching nearly 767 million USD and accounting for nearly 29% of the country's total shrimp export turnover.
Indonesian Ambassador to the US Dwisuryo Indroyono Soesilo has revealed that the Southeast Asian country’s delegation is proposing palm oil exports as part of efforts to further reduce the US's current 19% reciprocal tariffs.
Vietnam’s rice exports are unlikely to be significantly affected in the short term, Acting Minister of Agriculture and Environment Tran Duc Thang said.