Trump says U.S. struck trade deal with Vietnam that imposes 20% tariff on its imports

Key Points President Donald Trump said the United States has struck a trade deal with Vietnam. The agreement includes a 20% U.S. tariff on Vietnamese goods, as well as a 40% “transshipping” tariff, Trump said. He announced the deal days before a deadline paring back his “reciprocal” tariffs is set to expire, sending U.S. duties [...]
Read More

Vietnam, Singapore to launch more industrial parks with smart urban features

Vietnam and Singapore have agreed to establish additional Vietnam-Singapore industrial parks (VSIPs) across the country, expanding beyond traditional manufacturing zones to include smart urban areas and digital commerce hubs. Vietnamese Prime Minister Pham Minh Chinh shakes hands with his Singaporean counterpart Lawrence Wong in Tianjin, China, June 25, 2025. Photo: Vietnam Government Portal The agreement [...]
Read More

Vietnam’s Dong Nai eyes $16bn free trade zone near Long Thanh airport

Authorities in Dong Nai Province, southern Vietnam have completed a draft proposal for a free trade zone near the under-construction Long Thanh International Airport and are now seeking expert consultation before submitting it to the central government for approval. This composite image shows Long Thanh International Airport under construction in Dong Nai Province, southern Vietnam, alongside the planned [...]
Read More
Prime Minister Approves Establishment of Vietnam’s First Free Trade Zone

Prime Minister Approves Establishment of Vietnam’s First Free Trade Zone

Vietnam’s first Free Trade Zone (FTZ) will operate on the foundation of a special regulatory framework, modern infrastructure, and breakthrough development thinking aligned with international standards. The selection of Da Nang for this model is not only symbolic but also represents a major step forward in institutional reform and the country’s comprehensive integration strategy. On [...]
Read More
Trump Family’s Business Lands in Hưng Yên, Province Breaks Investment Record with Capital in First 5 Months Doubling That of All 2024

Trump Family’s Business Lands in Hưng Yên, Province Breaks Investment Record with Capital in First 5 Months Doubling That of All 2024

In just the first five months of 2025, Hưng Yên Province has attracted nearly USD 4.5 billion in both domestic and foreign direct investment (FDI)—a record-breaking figure fueled by multi-billion-dollar urban mega-projects entering the province. According to official statistics, since the beginning of the year, Hưng Yên has approved 47 new domestic projects and 32 [...]
Read More

50 Years of National Reunification: Vietnam “Turns into a Dragon” to Become the 4th Largest Economy in Southeast Asia and the Rise of 40+ Billion-Dollar Enterprises

More than 40 enterprises with a market capitalization of over 1 billion USD have emerged on Vietnam’s stock exchange. When were they founded, and how have they developed and shaped the economy? After 50 years since the Reunification Day (April 30, 1975 – April 30, 2025), Vietnam has risen to become an economy often referred [...]
Read More