United States delays section 232 tariff hike on wood products: A tactical adjustment, not linked to reciprocal tariff rulings
United States delays section 232 tariff hike on wood products: A tactical adjustment, not linked to reciprocal tariff rulings
On December 31, 2025, President Donald Trump signed a Proclamation adjusting U.S. import tariff policy on timber, lumber and wood-derived products under Section 232 of the Trade Expansion Act of 1962. Accordingly, the United States decided to delay the planned tariff increase on several finished wood products, including upholstered chairs, kitchen cabinets and bathroom vanities, from January 1, 2026 to January 1, 2027.
Electricity authority holds conference to review 2025 performance and roll out tasks for 2026
Electricity authority holds conference to review 2025 performance and roll out tasks for 2026
On the morning of December 26 in Hanoi, the Electricity Authority under the Ministry of Industry and Trade (MoIT) held a conference to review its performance in 2025 and outline tasks for 2026. Acting Minister of Industry and Trade Le Manh Hung attended and delivered a keynote address. Also present were Deputy Minister of Industry and Trade Nguyen Hoang Long, representatives of MoIT-affiliated units, energy and power corporations and general corporations, along with all officials, civil servants, public employees and workers of the Electricity ...
Israel, Costa Rica sign Free Trade Agreement, expanding bilateral commerce
Israel, Costa Rica sign Free Trade Agreement, expanding bilateral commerce
On December 8, Israel and Costa Rica signed a bilateral Free Trade Agreement (FTA). At the headquarters of Israel’s Ministry of Economy and Industry in Jerusalem, Minister Nir Barkat signed the agreement on behalf of Israel, while his counterpart, Minister of Foreign Trade Manuel Tovar Rivera, represented Costa Rica. The agreement marks a significant milestone in the two countries’ economic cooperation, a strategic move aimed at promoting Israel’s exports, expanding bilateral trade, deepening commercial ties with one of Latin America’s ...
Minister Nguyen Hong Dien reports to the National Assembly on mechanisms and policies for national energy development in the 2026-2030 period
Minister Nguyen Hong Dien reports to the National Assembly on mechanisms and policies for national energy development in the 2026-2030 period
Continuing the agenda of the 10th session of the 15th National Assembly, on the afternoon of 4 December, Minister of Industry and Trade Nguyen Hong Dien, authorized by the Prime Minister, presented a summary of the Government’s submission and the key policy components outlined in the draft Resolution of the National Assembly on mechanisms and policies for national energy development for the 2026-2030 period.
Ministry of Industry and Trade hosts Digital Transformation Forum 2025
Ministry of Industry and Trade hosts Digital Transformation Forum 2025
On December 3, 2025, in Hanoi, the Department of E-commerce and Digital Economy under the Ministry of Industry and Trade (MoIT) organized the 2025 Digital Transformation Forum for the Industry and Trade sector, under the theme “Dual Transformation: Supply Chain Digitalization - Green Growth.”

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