Despite fluctuations in raw material prices, rising costs, and increasingly fierce competition from other countries, shrimp exports can still contribute over a third of seafood export turnover for Vietnam in 2025, as well as improve its sustainability credentials.

In the fourth quarter of 2024, Vietnam’s shrimp exports to this market increased by 69 per cent, reaching a total value of $258 million.

At present, agricultural exports, such as rice, coffee and seafood, have steadily secured a stable place in major global markets.

South Korea will thoroughly review non-tariff barriers and other vulnerabilities to respond to a US plan to introduce reciprocal tariffs, the country's acting president said on Friday.

By 2030, Việt Nam aims to produce 20 per cent of the raw materials needed for pharmaceutical production, meeting 50 per cent of the demand for functional food and cosmeceutical ingredients domestically.

Vietnam stands ready to import more farm products from the United States, according to a statement from trade minister Nguyen Hong Dien on Friday, a day after U.S. President Donald Trump said he would start imposing global reciprocal tariffs.

Malaysia has announced it will initiate an anti-dumping duty investigation on the imports of galvanised iron coils/sheets or galvanised steel coils/sheets originating from or imported from Việt Nam, China and South Korea.

President Donald Trump ordered his administration to consider imposing reciprocal tariffs on numerous trading partners, raising the prospect of a wider campaign against a global system he complains is tilted against the US.