At 10:25 a.m. on July 2 (local time), US President Donald Trump posted on the social media platform Truth Social that he had just reached a trade deal with Vietnam.
US President Donald Trump posts on the social media platform Truth Social that he just made a trade deal with Vietnam. (Screenshot photo)
Washington D.C. (VNA) - At 10:25 a.m. on July 2 (local time), US President Donald Trump posted on the social media platform Truth Social that he had just reached a trade deal with Vietnam.
🎀 “I just made a ꦐTrade Deal with Vietnam. Details to follow!,” President Trump wrote./.
The US remained Vietnam’s largest market, accounting for 55% of the country's total wood exports. Key products include wooden furniture, plywood, doors, and handicrafts.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Since its launch in 2019, the Tetra Pak plant in Ho Chi Minh City has employed more than 350 workers and is among the first factories in Vietnam to receive LEED Version 4 Gold Certification, a global benchmark for green building standards
The Osaka–Da Nang route will operate four times a week on Mondays, Thursdays, Fridays, and Sundays, adding to the existing daily Narita–Da Nang service, bringing the total number of weekly flights from Japan to Da Nang to 11.
Aquatic exports last month inched up just 4% from a year earlier to 876 million USD, a steep drop from May’s 20% surge, marking the weakest monthly gain in the first half.
Vietnam was among the earliest countries to engage in trade negotiations with the US, and the third large trading partner of the latter to reach a preliminary agreement on tariffs.
Major supermarket systems and retail chains such as Winmart, BRG, Central Retail, Aeon, Lotte, Co.opmart, MediaMart, and Pico will join the campaign, offering discounts of up to 50% on a wide range of products.
In recent months, the ministry has worked closely with relevant agencies to enhance both the legal framework and market infrastructure. As a result, the majority of key criteria for reclassification have now been met.
The trend of moving to HoSE is expected to help banks improve transparency, expand fundraising opportunities, and affirm their position in the capital market.
Director of the SBV’s Payment Department Pham Anh Tuan said the issuance of Decree 94 provides a legal basis for sandbox participants to trial new products, services, and business models in real-life conditions, ultimately benefiting customers.
According to the Ministry of Industry and Trade (MoIT), export turnover alone is projected to reach 215–217 billion USD, up approximately 13.8–14%. This results in an estimated trade surplus of 3.4–4 billion USD.
From July 1, several previously VAT-exempt brokerage services are subject to a 10% VAT rate, prompting firms to revise their service charges accordingly.
Prime Minister Pham Minh Chinh has recently approved the investment policy for two new urban areas in Van Phong Economic Zone in the central province of Khanh Hoa with a total capital of more than 65 trillion VND (2.5 billion USD).
The Ministry of Construction has also directed the Civil Aviation Authority of Vietnam to deploy solutions aimed at supplementing and balancing the capacity of Vietnamese airlines' domestic and international routes, helping airlines to improve their operating capacity in accordance with demand.
From major players in printing machinery like Fujifilm and Konica Minolta to packaging solutions by Anhui Innovo Bochen and Jeremiah, the event presents a full spectrum of smart, sustainable technologies.
Vietnam guarantees the legitimate rights and interests of investors based on three principles: codifying regulations into law, aligning with market mechanisms, and harmonising regulations with international standards, said Prime Minister Pham Minh Chinh.
