Vietnamese steel exporters alone faced 32 trade defence investigations from 12 markets last year, nearly double the figure in 2023. — VNA/VNS
HANOI: As global trade faces growing uncertainty and tariff risks, particularly from the United States, Vietnamese businesses are increasingly turning to the Middle East as a stable, untapped export market.
According to Pham Binh An, deputy director of the Ho Chi Minh City Institute for Development Studies, the new US tariff policies are adding pressure on countries like Vietnam, prompting many firms to seek markets that are less exposed, such as the Middle East.
