It remains unclear when the 15% tariff announced by Mr. Trump will take effect and which goods it will apply to, while observers and US trading partners are maintaining a cautious stance, preparing for the possibility of tougher tariff policies.
Viet Nam will apply special preferential import duties on Cambodian rice during the 2025-2026 period, aiming to boost bilateral trade and stabilize supply.
After two years of decline, surimi and fish paste exports have recovered strongly and are expected to continue to thrive in 2026 thanks to increasing global demand, the trend towards convenient products, and improved domestic processing capacity.
Industrial production increased by over 21%, exports exceeded $43 billion, and FDI remained positive, indicating that Viet Nam is consolidating its role in the regional supply chain.
Amidst high tariffs imposed on both China and Brazil, Vietnamese businesses quickly seized the opportunity, boosting tilapia exports to the US market, aiming to generate over $50 million in revenue by 2025.
China has imposed anti-subsidy tariffs of 7.4-11.7% on certain EU dairy products for five years starting February 13, following an investigation that concluded imports were harming the domestic industry.