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The Trade War’s Latest Salvo: US Tariffs Effective August 7th, Vietnamese Businesses Adapt and...
The Ministry of Industry and Trade announced that the 20% countervailing duty imposed by the US on Vietnamese goods came into effect from 12 pm on August 7, Washington D.C. time.
Proposed Fuel and Diesel Vehicle Restrictions in Ho Chi Minh City’s Center from 2026
In the initial phase, heavy-duty diesel trucks will be completely prohibited from entering the low-emission zone in downtown Ho Chi Minh City. In addition, commercial vehicles that do not meet Euro 4 standards and motorcycles providing services that fail to meet the Euro 2 emission standards will also be restricted from entering this area.
Optimizing Revenue: Targeting a Whopping $260 Billion from Trade
As of July 2025, state budget revenues from import-export activities reached an impressive VND 261,376 billion, an astounding 63.6% of the estimated forecast.
