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Hoai said the US's proposed reciprocal tariff of 46% on imports from Vietnam can have significant and multifaceted impacts on the Southeast Asian country’s exports and economic growth in the near future.
MoreVietnam is implementing multiple synchronized measures to respond to the United States’ 46% reciprocal tariff, aiming to cushion its negative impact on exports and the economy in general.
MorePresident Donald Trump blasted China for retaliating against his sweeping tariff plan and vowed his economic policies “will never change”, as the prospect of a trade war wreaked more havoc on the global economy.
MoreIn Tien Giang Province, where durian is a key export, stakeholders are calling for urgent solutions to ensure the sector can adapt and remain competitive.
MoreUS customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
MoreMichael Kokalari, Chief Economist at VinaCapital, described the April 2 announcement of ‘reciprocal tariffs’ as “completely unexpected”. “Based on our analysis, these tariffs will make it difficult for Vietnam to achieve its 8% GDP growth target,” he said.
MoreAccording to the Vietnam Trade Office in Sweden, which is also in charge of Norway, Denmark, Iceland, and Latvia, in the context of the US imposing reciprocal tariffs on imports from many countries, Vietnam should expand its exploitation of the Northern European agricultural, forestry and fishery market.
MoreVietnam’s garment and textile industry enterprises are voicing growing concern over a newly announced 46 per cent US tariff, stressing that the industry plays a complementary–not competitive–role in the US market.
MoreNational Assembly (NA) Chairman Tran Thanh Man has reaffirmed Vietnam’s appreciation for Uzbekistan’s role in Central Asia and expressed the country’s desire to further deepen the time-honoured friendship and comprehensive cooperation between the two sides.
MoreAs trade tensions with the US escalate, Canada's Quebec province is actively seeking reliable partners, with Vietnam emerging as a destination of strategic significance.
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