On February 13, President of USA's Donald Trump signed a new executive order on tariffs, marking a decisive step in reshaping U.S. trade policy. This order aims to increase import tariffs on trade partners with significant trade surpluses with the U.S., including Vietnam.
The "Reciprocal Trade and Tariff Order" issued by President Trump introduces several key aspects. The U.S. government will conduct a review of over 17,000 imported product codes to adjust tariff rates for each country and product, ensuring that the tariffs imposed by the U.S. reflect parity with the tariffs these countries apply to American goods. A notable point in the executive order is its emphasis on the principle of reciprocal tariffs—if a country imposes high duties on U.S. goods while benefiting from lower tariffs when exporting to the U.S., Washington will raise tariffs to restore balance.
Among the countries with substantial trade surpluses with the U.S., Vietnam is significantly affected, ranking just behind China and Mexico. The trade surplus between Vietnam and the U.S. reached $105 billion in 2023, making Vietnam one of the largest exporters to the American market
The new U.S. tariffs could pose considerable challenges for Vietnamese businesses. Higher export costs may reduce the competitiveness of Vietnamese goods in the U.S. market. Additionally, there is a growing risk of anti-circumvention investigations, as the U.S. has previously accused certain foreign enterprises of using Vietnam as a transshipment point for Chinese goods to evade tariffs.
President Trump’s reciprocal tariff policy could significantly reshape the global trade landscape. For Vietnam, it presents a major challenge but also an opportunity to adjust trade and investment strategies in response to U.S. policy shifts. Proactively negotiating, strengthening domestic industries, and diversifying export markets will be crucial solutions for Vietnam to protect its trade interests and sustain long-term economic growth.
Source: collect
For many years, logistics was viewed primarily as a back-end support function. Today, amid increasing global trade volatility, logistics has become a strategic factor directly influencing business growth, risk management capability, and long-term competitiveness.
Amid ongoing global supply chain restructuring, Vietnam is emerging as a key manufacturing and sourcing hub in Asia. The “China+1” strategy and the need for risk diversification are driving multinational corporations to expand their presence in Vietnam.
Entering April 2026, escalating tensions in the Strait of Hormuz have triggered a systemic disruption across global logistics networks. However, for Vietnamese import-export enterprises, the immediate risk is no longer confined to the Middle East. The critical pressure point has shifted to Asia’s transshipment hubs-most notably Singapore-where congestion is now constraining regional cargo flows at scale.
May 18, 2012 – May 18, 2026 marks a proud journey of establishment and development. Today, Glotrans HCM officially celebrates its 14th anniversary. Fourteen years is more than just a number—it represents a journey of ambition to shape the flow of the logistics market, of shipments crossing oceans, and of trust nurtured through the companionship of valued customers, partners, and all employees.
In the proud and joyful atmosphere of May, Glotrans Hanoi officially marks its 14-year milestone of establishment and growth – a journey driven by relentless effort, solidarity, and continuous advancement.
Glotrans would like to inform our valued Customers and Partners of our upcoming holiday schedule as follows:
The shipment of food additives was transported in container No. FCIU3301688 (20’), under B/L MPRSMUM1806, on the voyage from Nhavasheva Port (India) to Dinh Vu Port (Hai Phong, Vietnam) on 29/04/2017.
Company T (Plaintiff – the Insured) entered into an insurance contract with Company B (Defendant – the Insurer). After the insured event occurred, the Insurer alleged that the Insured had violated its obligation to prevent and mitigate losses. The Arbitral Tribunal acknowledged that such an obligation exists but concluded that the Insured did not breach it.
Under the insurance contract, the premium was to be paid in three installments, and in all three, the insured party was late in payment. When a dispute arose, the insurer (Defendant) argued that the insurance contract had terminated before the insured event occurred due to the late premium payment and therefore refused to make an insurance payout. However, the Arbitral Tribunal held a contrary view.
