Vietnam’s Economy: A Rising Power in Southeast Asia
Vietnam’s economy is rapidly evolving, projected to rank among the top 15 largest economies in Asia, with an impressive GDP of approximately 506 billion USD. This significant growth is a testament to the country’s robust economic policies and strategic investments, rising from 433 billion USD in 2023 (34th position globally) and 346 billion USD in 2020 (37th position). These assessments are based on reliable data from the International Monetary Fund (IMF) and reflect the optimism surrounding Vietnam’s economic trajectory, with […]
Vietnam’s Logistics Industry: Transformations Ahead in 2025
The logistics industry in Vietnam is poised for significant advancements and transformations in the coming years, particularly in 2025. This sector has emerged as a key economic driver, contributing substantially to the nation’s growth and global trade engagement. As infrastructure improves and technology advances, Vietnam is set to become a regional logistics hub, attracting more investment and enhancing its competitiveness on the global stage. This evolution will not only boost the economy but also create numerous job opportunities, fostering sustainable […]
Which items could be effected by Trump tariffs?
The term Trump tariffs refers to a series of trade policies implemented during Donald Trump’s presidency, specifically designed to protect American industries by imposing taxes on imported goods. These tariffs have sparked significant debate regarding their effectiveness and impact on various sectors of the economy. As experts have noted, prices could rise on a variety of goods shipped to the U.S. from overseas under tariffs that Trump threatened to impose, particularly on products from Mexico, Canada, and China. Trump pledged […]
Understanding Vietnam Import Tariff
Vietnam import tariff is a critical aspect of the country’s trade regulations, influencing businesses and traders engaging in import activities. Understanding the import tariff rates, types of tariffs, and exemptions is essential for anyone involved in international trade with Vietnam. This article provides an in-depth overview of Vietnam’s import tariff system, including current rates and regulations. What is the Import Tariff Rate in Vietnam? The import tariff rate in Vietnam varies significantly depending on the type of goods being imported. […]