Exports were valued at 102.8 billion USD in Q1, while imports increased 17% to 99.68 billion USD, signalling rising demand for production inputs.

Vietnam’s fisheries sector has achieved several positive outcomes in the early months of the year. Despite facing unpredictable market fluctuations, the industry remains optimistic about new export opportunities thanks to ongoing efforts to innovate production methods towards greener practices, focus on product value, and ensure quality and food safety.

Việt Nam and Russia are positioned to take advantage of growing opportunities for economic and trade cooperation, as highlighted by the Việt Nam Trade Office in Russia. 

Experts held that businesses should seek new export markets and expand the domestic market, while viewing this challenge as an opportunity to restructure and redefine Vietnam's position in global trade, particularly in the US market.

Generating tens of billions of dollars in export revenue, Vietnam’s wood industry is now bracing for a tariff storm, as the United States is set to impose a 46% reciprocal tariff on Vietnamese goods.

The Ministry of Agriculture and Environment has rolled out eight key tasks and solutions to grow the sector by at least 4 per cent this year.

More than 400 Vietnamese seafood exporters are at serious risk of heavy losses if the US maintains a 46-percent tariff, with a single US$500,000 shipment potentially facing duties as high as $230,000.

Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect Wednesday on products imported from Vietnam and China.