The EU-Vietnam Free Trade Agreement (EVFTA) is a powerful catalyst for growth, helping both countries navigate global challenges such as the COVID-19 pandemic, geopolitical tensions, and inflation.
Viet Nam is currently a participant in and negotiator of 19 free trade agreements (FTAs), most of which have already come into effect with more than 60 partners across various continents, covering nearly 90% of global GDP.
Indonesia’s solar panel industry faces a major challenge as the United States investigates allegations of dumping by manufacturers operating in the country.
Vietnam has risen to become the second largest exporter of smartphones to the United States, trailing only behind India, which topped the rankings for the first time, according to global technology vendor Canalys.
With traditional markets tightening through tariffs, technical barriers, and declining demand, Africa offers a strategic avenue for Vietnam to diversify its markets and supply chains.
The US and European Union (EU) agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles, staving off a trade war that could have delivered a hammer blow to the global economy.