Vietnam – a destination for world leaders amid global trade tensions: Argentina newspaper
Argentina’s Infobae newspaper recently highlighted Vietnam’s growing appeal to world leaders amid escalating global trade tensions caused by new US tariff policies.
Production activities at the Hai Phong branch of Toyoda Gosei Co., Ltd., located in Tien Hai Industrial Park, Tien Hai District, Thai Binh Province. (Photo: VNA)
Buenos Aires (VNA) – Argentina’s Infobae newspaper recently highlighted Vietnam’s growing appeal to world leaders 𒈔amid escalating global traꦛde tensions caused by new US tariff policies.
The article noted that Brazilian President Luiz Inácio Lula da Silva’s visit to Vietnam in March, followed by upcoming visits by Spanish Prime Minister Pedro Sánchez, French President Emmanuel Macron, and European Commission President Ursula von der Leyen, underscores the increasing interest in Vietnam.
These visits reflect Vietnam’s status as one of Asia’s most dynamic economies, with an ambitious target of 8% growth in 2025. Specifically, new US tariff policies are prompting these leaders to to come Vietnam to strengthen trade and investment ties with Vietnam, mitigating the impact of the tariffs.
Infobae emphasised that Vietnam offers several advantages to foreign investors, including political stability, a competitive labour force, and a strategic location that facilitates access to the Chinese market. This positioning has made Vietnam an attractive alternative in global supply chains.
The article also highlighted Vietnam’s efforts to diversify trade through its participation in major free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP).
Regarding Spain, Infobae noted that Vietnam-Spain economic relations are shaped within the framework of the EU-Vietnam Free Trade Agreement (EVFTA).
Spanish Prime Minister Sánchez is expected to explore new business opportunities with Vietnam in renewable energy and infrastructure ./.
According to the National Statistics Office, total registered FDI in Vietnam reached nearly 6.9 billion USD in the first two months of 2025, or a 35.5% increase as compared to the same time last year. Disbursed capital was estimated at 2.95 billion USD, up 5.4% year-on-year.
Prime Minister Pham Minh Chinh has called on Japanese enterprises to continue placing their trust in and deepening their engagement with Vietnam, and to consider Vietnam a strategic base for expanding their investment, production, and business activities.
Highlighting the growth of the Vietnam-Japan relations over the past 52 years with the establishment of a comprehensive strategic partnership for peace and prosperity in Asia and the world, PM Chinh noted that bilateral economic, trade, and investment cooperation has continued to play a pivotal role, standing out as a highlight in the bilateral relationship.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
