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: https://vnbusiness.vn/the-gioi/tong-thong-trump-ky-sac-thue-co-di-co-lai-va-tac-dong-doi-voi-viet-nam-1104971.html
As global supply chains navigate ongoing shifts, expanding a robust international partner network is a vital strategy for ensuring seamless cargo flows. From April 1st to 4th, 2026, Glotrans Vietnam is officially taking part in the 21st JCtrans Global Freight Forwarders Conference, held at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand.
The 15th WCA Worldwide Conference 2026, organized from 9 to 13 March in Singapore, successfully brought together freight forwarding and logistics companies from across the globe. Hosted in one of Asia’s leading logistics hubs, the conference attracted thousands of freight forwarders, logistics enterprises, and supply chain professionals from many countries worldwide.
Air cargo is heating up again in a very concrete way: speed is no longer just a company advantage—it is increasingly a national advantage. IATA recorded strong global air cargo growth and a record year in 2024, and in 2025 several months continued to set new highs in demand measured by CTK, suggesting this is not a short-lived surge.
After several productive days at the 21st JCtrans Global Freight Forwarders Conference held in Bangkok, Glotrans Vietnam has successfully concluded its participation, achieving valuable connections and promising cooperation opportunities.
Attending the Thanh Hoa Investment Promotion Conference 2026 for the first time, Glotrans’ representatives not only sought networking opportunities but also gained deeper insights into how Thanh Hoa is gradually repositioning its role within the regional supply chain landscape.
On the morning of March 25, 2026, Glotrans Vietnam – Hai Phong Branch organized a talkshow at the Faculty of Economics, Vietnam Maritime University under the theme “Glotrans & Career Compass.”
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.
