Vietnam is currently experiencing a significant trade surplus with the US, but experts caution that its exports may face increasing challenges in the coming time.

The commerce ministry has recommended imposition of an anti-dumping duty of up to $707 per tonne on imports of PVC paste resin, used to make artificial leather and other technical textiles' products, from six countries, including China, for five years, with an aim to guard domestic producers.

The export of Vietnamese seafood is anticipated to grow by 10 – 15% in 2025, building on gains recorded in 2024, according to the Vietnam Association of Exporters and Producers (VASEP).

In 2024, the three largest export markets for Vietnamese agricultural, forestry, and fishery products continue to be the US, China, and Japan. The export prospects to these countries remain very promising for 2025.

The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.

Mainland China and Hong Kong (China) remained the largest export markets for Vietnamese catfish.

The Ministry of Industry and Trade has officially applied anti-dumping measures on some wind power tower products originating from China.

The Ministry of Industry and Trade (MoIT) has decided to review new exporters involved in the application of measures against trade remedy circumvention for certain sugar products, its Trade Remedies Authority (Trav) said.