Vietnam’s tuna exports to the UK have been experiencing robust and stepwise growth, with export value rising to nearly US$8 million in 2024 from $5.1 million in 2021.
In a significant shift in US trade policy, President Donald Trump’s administration implemented a 25% tariff on all aluminium and steel imports starting March 12, 2025. This abrupt decision has dealt a heavy blow to numerous exporting nations, including Vietnam.
According to the General Statistics Office, Vietnam's total import-export turnover reached 786.29 billion USD in 2024, an increase of 15.4% compared to 2023. Of which, exports grew by 14.3%, while imports increased by 16.7%, with a trade surplus of 24.77 billion USD.
In recent years, the wood export industry has maintained its position as the second-fastest-growing sector, behind agriculture, forestry, and fisheries. However, amid escalating trade tensions between major global economies, the industry is adjusting its strategies to sustain its growth momentum.
The Ministry of Finance's (MOF) Customs Administration said Tuesday that anti-dumping duties on Chinese and Korean cold-rolled stainless steel have been extended for another five years.
Norwegian seafood exports to Việt Nam surged to a record high in 2024, reflecting the country’s growing appetite for high-quality, sustainably sourced seafood.
Vietnam’s pangasius industry is poised for continued growth despite increasing competition from other countries, according to experts from the Vietnam Association of Seafood Exporters and Producers (VASEP).