Vietnam’s Ministry of Industry and Trade has urged local enterprises to stay vigilant amid the intensifying Israel-Iran tensions, warning that the conflict could severely impact international trade flows.
Business News
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Vietnamese exporters and international purchasers are negotiating to avoid missing important production cycles, such as orders for the winter and holiday season, even though US officials have not yet made a final judgement on the planned tariffs.
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Vietnam has launched a crackdown on counterfeit products recently in its two primary cities, Hanoi and Ho Chi Minh City, and has found the fake copies of Nike, North Face, and Lacoste among others.
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The Nhon Trach Factory Phase 3 extension will boost the factories' output volume and improve their product development capabilities, solidifying their position as a key technology hub in the ASEAN area.
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In the first five months of 2025, Vietnam's garment and textile exports reached more than US $ 17.58 billion, marking a 9 per cent increase over the same timeframe in 2024.
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The APEC workshop, according to Pham Quynh Mai, Deputy Director of the ministry's Multilateral Trade Policy Department, was a useful project inside the APEC framework that sought to offer solutions to assist MSMEs in implementing circular business models.
