Vietnamese goods will continue to hold a competitive advantage over other items from foreign countries when they are exported to the Netherlands thanks to the tax reduction roadmap under the European Union - Vietnam Free Trade Agreement (EVFTA), according to the Vietnam Trade Office in the Netherlands.

The Ministry of Industry and Trade (MoIT) of Vietnam on February 21 decided to impose temporary anti-dumping duties on certain hot-rolled coil (HRC) products originating from India and China.

President Donald Trump on Friday ordered his trade chief to revive investigations aimed at imposing tariffs on imports from countries that levy digital service taxes on US technology companies.

The European Union estimates that the first wave of Donald Trump’s steel and aluminium tariffs will hit as much as €28 billion (US$29.3 billion or RM129.49 billion) of the bloc’s exports in what would be a massive escalation in the US president’s trade war.

The Trump administration is proposing fees on the use of China’s commercial ships it says could help counter the country’s maritime dominance.

The recovery in global demand will fuel the robust growth of timber and wooden exports in 2025.

Vietnam aims to achieve an export turnover of 65 billion USD for agricultural, forestry, and fishery products in 2025. However, the agricultural sector is facing numerous challenges as several markets have recently introduced changes in regulations for agricultural exports. These new requirements demand that localities, producers, and businesses promptly update and comply with the regulations.

Vietnam will focus on improving quality and production efficiency rather than expanding shrimp and tra fish farming areas in 2025.