Vietnam Financial News

Subscribe to enjoy similar stories. The conclusion of negotiations over the India-EU free trade agreement (FTA) shows that agriculture is no longer a deal-breaker. Both sides carefully manoeuvred around each other’s domestic sensitivities while offering tariff reductions to enhance market access.

Subscribe to enjoy similar stories. After a rocky ride, an India-US trade deal has finally been announced. It follows what was called the “mother of all deals" between India and the EU and Sunday’s long-horizon outline of growth policies as part of India’s budget for 2026-27.

Subscribe to enjoy similar stories. Few questions are as revealing today as how the world’s two largest economies—the US and China—differ in their economic approaches. In Breakneck: China’s Quest to Engineer the Future (2025), Dan Wang offers a useful lens.

Subscribe to enjoy similar stories. In just one year, US President Donald Trump has upended the global order, using his historic return as arguably the world’s most powerful leader to treat friends, foes and allies alike to achieve desirable results. His most potent tool is tariffs, though he hasn’t shied away from political and military interventions either.

Subscribe to enjoy similar stories. India turned a net exporter of finished steel during April–December 2025 after a sharp fall in imports following government curbs, according to a Ministry of Steel report reviewed by Mint. The decline in imports narrowed the gap between inbound and outbound shipments, allowing the country to swing into a net exporter position after years when cheap steel inflows had raised concerns over the profitability of domestic producers.

Subscribe to enjoy similar stories. Since Donald Trump returned to office, one country has borne the brunt of his fury. “We’ve been ripped off by every country in the world," he declared in April, “but China is the…‘chief-ripper-offer’".

JSW Steel and other steel stocks are in the news. The company’s shares jumped 4.9% on 31 December, largely on account of the government’s decision to impose import tariffs on steel products. Before the recent correction, the stock had been trending up for more than two years.Import tariffs help protect pricing of domestic steel producers by preventing cheaper imports, so what does the future hold for the stock? Today, we will discuss the pros and cons of investing in JSW Steel.

Samsung’s India research & development (R&D) arm is the company’s most influential engineering team outside of its global headquarters in South Korea and alongside the US, a top company executive told Mint on Tuesday.According to Jong Bum Park, president and chief executive of Samsung Southwest Asia, Samsung’s India engineering operations account for the core development process of its second-largest revenue generator—smartphones. In fiscal year 2024 (FY24), Samsung generated $219 billion in revenue globally—of which 38% came from smartphones.The company’s semiconductor division, largely based out of the US and Korea, is its highest revenue generator.“The entire camera unit and its software for our flagship smartphones were developed and engineered entirely in India,” said Park in an interview.

Subscribe to enjoy similar stories. New Delhi: Vietnamese conglomerate Vingroup, which has interests spanning real estate, renewable energy and electric vehicles, is planning rapid international expansion via India, buoyed by its strong automotive performance even as its US push struggles amid Trump-era policies.

Subscribe to enjoy similar stories. New Delhi: Indian shrimp exporters are increasingly shifting focus toward value-addition as global demand trends evolve and competition intensifies. With traditional frozen raw shrimp markets facing price pressure and stricter quality norms, exporters are broadening their product portfolios to include ready-to-cook (RTC) and ready-to-eat (RTE) shrimp offerings.

Subscribe to enjoy similar stories. NEW DELHI : The Centre is preparing to reinforce and expand its focus on labour-intensive industries in the FY27 Union budget, according to two persons familiar with ongoing discussions.

Subscribe to enjoy similar stories. The Indian rupee's recent slide beyond the 90-per-dollar mark offers little relief to its exporters, most of which are struggling under the weight of crippling tariffs imposed by the Donald Trump administration. The only clear winners from the depreciation are the country's dominant information technology (IT) companies, while sectors with high import content grapple with surging production costs.

Humanity’s future lies in some of the most vulnerable spots on the planet. We’ve seen that in stark relief of late. A United Nations report last month concluded that the world’s population is increasingly crowded into a group of often low-lying, middle-income megacities in Asia and Africa.Jakarta and Dhaka dethroned Tokyo’s long-held status as the world’s biggest city, with 42 million, 37 million and 33 million people respectively.

Subscribe to enjoy similar stories. Chennai: In 1947, the US led 23 nations into signing the General Agreement on Tariffs and Trade (GATT). The effort was to lower trade and tariff barriers among nations.

Indian toy industry is ready to take advantage of the high tariffs imposed by the US on competitors such as China and Vietnam, and the domestic players have already begun work on expanding capacity and forming joint ventures with global firms, exporters said on Sunday. They added that India has emerged as a winner in the recent US tariff hikes, as the exporters are better positioned to absorb the impact compared to competitor countries that are facing higher import duties in America. While the US has imposed an additional 26 per cent import duty on India, its competitor Vietnam is facing 46 per cent tariff, Bangladesh 37 per cent, China 54 per cent, Indonesia 32 per cent, and Thailand 36 per cent. «Huge opportunities are there for our exporters now. Vietnam's exports are about USD 6 billion and China's are USD 80 billion. Now their items will face higher duties in the US than that of Indian toys. All big toy firms are exploring opportunities to set up plants in India,» the CEO of Playgro Toys India, Manu Gupta, said. India's toy exports are hovering in the range of USD 326 million to USD 348 million for the last three years, according to the industry. He said that early conclusion of a bilateral trade agreement with the US will also help Indian toy players to increase shipments.

reciprocal tariffs by the US on other competing nations raises the possibility of increased dumping by those nations in India, as well as in other export markets, which could negatively impact certain sectors, CareEdge Ratings said in a report. According to the report ' Sectoral Impact of US Reciprocal Tariff: Neutral to Negative, ' the expected direct impact of US reciprocal tariffs would vary, with no impact expected on pharmaceuticals since they are exempt from reciprocal tariffs for now. According to the rating agency, the impact is expected to be largely neutral for electronics, textiles, agricultural products, chemicals, and automobiles and parts. At the same time, it would be negative for gems and jewellery. During 2023-24, India's aggregate merchandise exports to the US stood at USD 77.5 billion compared to its imports from the US at USD 42.2 billion. Out of India's total exports to the US, the sectors in descending order of value are electronics, textiles, pharmaceuticals, gems and jewellery, agricultural products, chemicals and automobiles and parts.

Subscribe to enjoy similar stories. He’s serious, and that’s seriously bad news for the stock market. President Donald Trump launched a major new phase in his trade war on Wednesday, imposing tariffs on nearly every country on the globe.

Hrithik Roshan has gone viral on social media. On X, a user named TheLizVariant shared a stunning picture of the ‘Dhoom 2’ star and contrasted it with an image of an ageing American man that read, “50-year-olds in 1985 vs. 50-year-olds in 2025...” and captioned it, “It’s funny cause it’s true. Why do you think that is, though?

Vietnam’s Tourism Advisory Board (TAB) has proposed a long-term visa program to the government to maintain its lead in Southeast Asia’s fast-evolving travel market. The recommendations, submitted to Prime Minister Pham Minh Chinh, include a “golden visa” valid for five to ten years to compete with Thailand, Malaysia, and Indonesia—countries that already offer such schemes to long-stay travellers, Báo Văn Hóa reported. The proposal comes at a time when Vietnam has regained 98% of its pre-pandemic tourism levels, making it the fastest-recovering destination in the region. In 2024, the country welcomed 17.5 million international visitors, overtaking Singapore and trailing only Malaysia and Thailand. The advisory board also suggested introducing a 10-year investor visa with the possibility of permanent residency after five years, and a five-year talent visa with a simplified renewal process, as reported by Thanh Nien newspaper. These programs could be piloted in key tourism hubs like Phu Quoc, Ho Chi Minh City, Hanoi, and Da Nang.

Thailand declined to an over three-year low this week due to U.S. President Donald Trump's move to impose import tariffs and an existing market surplus, while India's export prices neared a two-year low on subdued demand. A flat 26% tariff was imposed on all goods being exported by India to the U.S., while Thailand's exports to the U.S. will attract 36%, Bangladesh 37% and Vietnam 46%. Thailand's 5% broken rice fell to $395-$400 per metric ton, its lowest since January 2022.

Subscribe to enjoy similar stories. New Delhi: India will refrain from taking retaliatory action against the US’ reciprocal tariffs or making sharp public responses against Washington, keeping trade diplomacy at the centre of its strategy, a senior government official said. As a global tariff war unfolds in response to US President Donald Trump’s additional tariffs on more than 60 nations, India is taking a calm and measured approach, positioning itself as a balanced negotiator, the official said.