The wooden furniture export market is gradually growing as businesses receive new orders, after a year of enormous difficulty in both orders and export markets.
 

Although Vietnam’s rubber market share in the US remains modest, the potential for the export of the product to the North American country is huge, according to the Agency of Foreign Trade (AFT) under the Ministry of Industry and Trade.

The EU could soon follow the US and impose duties on imports of Chinese electric vehicles. That's set off alarm bells among German auto CEOs, who fear reprisals from Beijing.

The United States Trade Representative‘s annual report claims China is causing damage to global industries through massive domestic subsidies, a statement China challenges in the World Trade Organization given the large subsidies the United States has provided under the Inflation Reduction Act and the CHIPS and Science Act. As countries around the world, including Australia and Japan, follow suit and offer substantial industrial subsidies, a race to the bottom risks damaging consequences for global productivity and growth.

The EU is an important market for Vietnam’s agricultural exports, however, strict requirements on quality as well as strong competition in this market require Vietnamese exporters to adapt effectively.

As European procedures currently target Chinese subsidies for electric car, solar panel and wind turbine production, “The Chinese authorities have readied ample countermeasures”, claimed the China Chamber of Commerce to the EU on Twitter (X), relaying information published by the news app Jinri Toutiao.

The United States Trade Representative's (USTR) office announced a further extension of all China Section 301 tariff exclusions on 352 Chinese import and 77 pandemic-related categories through June 14, after which, the tariff exclusion for China’s graphite anodes will not be extended, the USTR announced on Friday May 24

Digital platforms have played a key role in helping Vietnamese firms take their high-quality products to the world, insiders have said.