Solar cell and panel imports to the US from Việt Nam will face countervailing duties of up to 542.6 per cent.

The US set new duties as high as 3,521% on solar imports from four Southeast Asian countries, delivering a win for domestic manufacturers while intensifying headwinds already threatening the country’s renewable power development.

In recent days, the prices of fresh coconuts and raw coconuts in the country have been on an upward trend. Fresh coconut prices increased by about 110-120%, while raw coconut prices increased by 150% compared to the same period last year. The strong fluctuations in coconut prices at the present time are considered the highest ever.

Brazil is quickly becoming a key market for Vietnamese seafood products, presenting strong opportunities for growth, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Durian prices in the Mekong Delta provinces are falling sharply, in some areas to just a third of the levels seen during the same period last year, as China tightens quality control procedures and delays customs clearance.

Total export turnover of agricultural, forestry and fishery products in Q1 reached US$15.7 billion, up 13.1 per cent year-on-year.

US President Donald Trump said he plans to be “very nice” to China in any trade talks, and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.

China on Monday accused Washington of abusing tariffs and warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the world's two biggest economies.