Economy

PM Pham Minh Chinh asked the negotiation delegation to propose the US consider postponing the imposition of the new tariff policy for at least 45 days

With its diversity, ranging from livestock, crop cultivation, and forestry, Vietnam’s agriculture sector has great potential to shift towards low-carbon emission production.

Through Hien’s remarks, WTO members appreciated Vietnam’s proactive and responsible role in promoting cooperation among member states and enhancing transparency in meeting its notification obligations under WTO regulations.

To meet the 2025 revenue target, the department has instructed regional customs offices to implement measures to boost revenue tailored to local conditions while preventing budget losses.

Vietnam should continue bilateral negotiations with the US administration on major export commodities while guiding businesses in diversifying markets, attracting more US investments, and increasing purchases of goods from the US.

This robust performance, representing an additional 12 billion USD compared to the same period last year, underscores trade's resilience amid global economic uncertainties.

To successfully penetrate this market, Vietnamese businesses must ensure their products meet these high standards, including obtaining certifications like EU Organic Certification.

Nguyen Dinh Tung, CEO of Vina T&T Import Export Service Trading Co. Ltd., stressed that tougher technical barriers in global markets are creating a level playing field, compelling exporters to prioritise quality and compliance.

In recent times, many cooperatives in Long An province have proactively implemented specific and practical solutions to improve their operational capacity, promoting the sustainable development of the collective economy.

Forestry is being developed, not only with a focus on sustainability but also as a multi-objective industry that maximises its economic, environmental and climate resilience contributions.

To support young people to do start up, the Provincial Youth Union has implemented many practical programs, creating motivation for them to realize their dreams.

Supported by 17 next-generation free trade agreements (FTAs) already in effect, the industry is poised for further growth, targeting 48 billion USD in export revenue this year.