Vietnam and the United States made progress during a third round of trade negotiations last week, but critical issues remain unresolved, requiring further analysis and continued dialogue, Vietnam's trade ministry said on Sunday.

Việt Nam ranks third in the world for seafood exports, accounting for over seven per cent of the global market share, behind China and Norway.

In 2024, two-way trade between Vietnam and Canada reached over 11 billion USD, with Vietnam enjoying a trade surplus of nearly 10 billion USD. A key contributor to this success has been Vietnamese-Canadian businesses, notably Renso Foods.

Talk of double-digit economic growth in the years ahead must be backed by a break from the old models that have brought Vietnam to where it is today.

In Vietnam, aquaculture is highly developed, and related practices can be further improved, for example, by reducing the use of antibiotics, minimising pollution and waste discharge into the sea.

According to the International Finance Corporation’s 2023 Country Climate and Development Report, businesses with clear ESG strategies attract 20–25% more investment than those without ESG strategies.

President Trump told reporters on Wednesday that he would send letters to trading partners in the next week or two setting unilateral tariff rates.

US President Donald Trump has suggested that he may soon raise tariffs on foreign automobiles to persuade carmakers to build vehicles in the United States.